ENN Natural GasLtd Balance Sheet Health
Financial Health criteria checks 5/6
ENN Natural GasLtd has a total shareholder equity of CN¥60.5B and total debt of CN¥37.5B, which brings its debt-to-equity ratio to 62%. Its total assets and total liabilities are CN¥136.6B and CN¥76.1B respectively. ENN Natural GasLtd's EBIT is CN¥12.5B making its interest coverage ratio -2. It has cash and short-term investments of CN¥20.2B.
Key information
62.0%
Debt to equity ratio
CN¥37.47b
Debt
Interest coverage ratio | -2x |
Cash | CN¥20.15b |
Equity | CN¥60.46b |
Total liabilities | CN¥76.15b |
Total assets | CN¥136.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600803's short term assets (CN¥44.4B) do not cover its short term liabilities (CN¥45.5B).
Long Term Liabilities: 600803's short term assets (CN¥44.4B) exceed its long term liabilities (CN¥30.6B).
Debt to Equity History and Analysis
Debt Level: 600803's net debt to equity ratio (28.6%) is considered satisfactory.
Reducing Debt: 600803's debt to equity ratio has reduced from 91.1% to 62% over the past 5 years.
Debt Coverage: 600803's debt is well covered by operating cash flow (29.8%).
Interest Coverage: 600803 earns more interest than it pays, so coverage of interest payments is not a concern.