Inner Mongolia MengDian HuaNeng Thermal Power Balance Sheet Health
Financial Health criteria checks 6/6
Inner Mongolia MengDian HuaNeng Thermal Power has a total shareholder equity of CN¥24.8B and total debt of CN¥10.6B, which brings its debt-to-equity ratio to 42.6%. Its total assets and total liabilities are CN¥40.0B and CN¥15.1B respectively. Inner Mongolia MengDian HuaNeng Thermal Power's EBIT is CN¥3.6B making its interest coverage ratio -45.9. It has cash and short-term investments of CN¥1.9B.
Key information
42.6%
Debt to equity ratio
CN¥10.58b
Debt
| Interest coverage ratio | -45.9x |
| Cash | CN¥1.89b |
| Equity | CN¥24.85b |
| Total liabilities | CN¥15.13b |
| Total assets | CN¥39.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600863's short term assets (CN¥8.1B) exceed its short term liabilities (CN¥7.5B).
Long Term Liabilities: 600863's short term assets (CN¥8.1B) exceed its long term liabilities (CN¥7.6B).
Debt to Equity History and Analysis
Debt Level: 600863's net debt to equity ratio (35%) is considered satisfactory.
Reducing Debt: 600863's debt to equity ratio has reduced from 124.3% to 42.6% over the past 5 years.
Debt Coverage: 600863's debt is well covered by operating cash flow (50.9%).
Interest Coverage: 600863 earns more interest than it pays, so coverage of interest payments is not a concern.