Sichuan Energy Investment Development Balance Sheet Health
Financial Health criteria checks 5/6
Sichuan Energy Investment Development has a total shareholder equity of CN¥3.4B and total debt of CN¥658.3M, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are CN¥6.5B and CN¥3.1B respectively. Sichuan Energy Investment Development's EBIT is CN¥435.2M making its interest coverage ratio 47.9. It has cash and short-term investments of CN¥536.1M.
Key information
19.3%
Debt to equity ratio
CN¥658.33m
Debt
| Interest coverage ratio | 47.9x |
| Cash | CN¥536.07m |
| Equity | CN¥3.40b |
| Total liabilities | CN¥3.12b |
| Total assets | CN¥6.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 84H's short term assets (CN¥1.7B) do not cover its short term liabilities (CN¥2.0B).
Long Term Liabilities: 84H's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 84H's net debt to equity ratio (3.6%) is considered satisfactory.
Reducing Debt: 84H's debt to equity ratio has reduced from 28.5% to 19.3% over the past 5 years.
Debt Coverage: 84H's debt is well covered by operating cash flow (95.2%).
Interest Coverage: 84H's interest payments on its debt are well covered by EBIT (47.9x coverage).