China Energy Engineering Balance Sheet Health
Financial Health criteria checks 3/6
China Energy Engineering has a total shareholder equity of CN¥188.3B and total debt of CN¥235.4B, which brings its debt-to-equity ratio to 125.1%. Its total assets and total liabilities are CN¥783.2B and CN¥594.9B respectively. China Energy Engineering's EBIT is CN¥18.1B making its interest coverage ratio 4.2. It has cash and short-term investments of CN¥77.7B.
Key information
125.1%
Debt to equity ratio
CN¥235.44b
Debt
Interest coverage ratio | 4.2x |
Cash | CN¥77.71b |
Equity | CN¥188.25b |
Total liabilities | CN¥594.90b |
Total assets | CN¥783.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2E5's short term assets (CN¥426.1B) exceed its short term liabilities (CN¥417.0B).
Long Term Liabilities: 2E5's short term assets (CN¥426.1B) exceed its long term liabilities (CN¥177.9B).
Debt to Equity History and Analysis
Debt Level: 2E5's net debt to equity ratio (83.8%) is considered high.
Reducing Debt: 2E5's debt to equity ratio has increased from 117.7% to 125.1% over the past 5 years.
Debt Coverage: 2E5's debt is not well covered by operating cash flow (4%).
Interest Coverage: 2E5's interest payments on its debt are well covered by EBIT (4.2x coverage).