Dongfang Electric Balance Sheet Health
Financial Health criteria checks 4/6
Dongfang Electric has a total shareholder equity of CN¥42.3B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are CN¥128.4B and CN¥86.1B respectively. Dongfang Electric's EBIT is CN¥2.3B making its interest coverage ratio -1.3. It has cash and short-term investments of CN¥18.2B.
Key information
4.9%
Debt to equity ratio
CN¥2.08b
Debt
Interest coverage ratio | -1.3x |
Cash | CN¥18.21b |
Equity | CN¥42.25b |
Total liabilities | CN¥86.13b |
Total assets | CN¥128.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DEU's short term assets (CN¥80.5B) exceed its short term liabilities (CN¥77.3B).
Long Term Liabilities: DEU's short term assets (CN¥80.5B) exceed its long term liabilities (CN¥8.8B).
Debt to Equity History and Analysis
Debt Level: DEU has more cash than its total debt.
Reducing Debt: DEU's debt to equity ratio has increased from 2.2% to 4.9% over the past 5 years.
Debt Coverage: DEU's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: DEU earns more interest than it pays, so coverage of interest payments is not a concern.