Perennial Energy Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Perennial Energy Holdings has a total shareholder equity of CN¥3.0B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 36.9%. Its total assets and total liabilities are CN¥4.6B and CN¥1.7B respectively. Perennial Energy Holdings's EBIT is CN¥853.2M making its interest coverage ratio 19.6. It has cash and short-term investments of CN¥160.1M.
Key information
36.9%
Debt to equity ratio
CN¥1.10b
Debt
| Interest coverage ratio | 19.6x |
| Cash | CN¥160.08m |
| Equity | CN¥2.97b |
| Total liabilities | CN¥1.67b |
| Total assets | CN¥4.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PEZ's short term assets (CN¥984.0M) do not cover its short term liabilities (CN¥1.4B).
Long Term Liabilities: PEZ's short term assets (CN¥984.0M) exceed its long term liabilities (CN¥304.3M).
Debt to Equity History and Analysis
Debt Level: PEZ's net debt to equity ratio (31.5%) is considered satisfactory.
Reducing Debt: PEZ's debt to equity ratio has increased from 7.2% to 36.9% over the past 5 years.
Debt Coverage: PEZ's debt is well covered by operating cash flow (29.3%).
Interest Coverage: PEZ's interest payments on its debt are well covered by EBIT (19.6x coverage).