CGN Power Balance Sheet Health
Financial Health criteria checks 2/6
CGN Power has a total shareholder equity of CN¥170.9B and total debt of CN¥202.3B, which brings its debt-to-equity ratio to 118.4%. Its total assets and total liabilities are CN¥421.5B and CN¥250.6B respectively. CGN Power's EBIT is CN¥24.1B making its interest coverage ratio 6.8. It has cash and short-term investments of CN¥20.8B.
Key information
118.4%
Debt to equity ratio
CN¥202.30b
Debt
| Interest coverage ratio | 6.8x |
| Cash | CN¥20.75b |
| Equity | CN¥170.90b |
| Total liabilities | CN¥250.60b |
| Total assets | CN¥421.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 94C's short term assets (CN¥78.4B) do not cover its short term liabilities (CN¥82.7B).
Long Term Liabilities: 94C's short term assets (CN¥78.4B) do not cover its long term liabilities (CN¥168.0B).
Debt to Equity History and Analysis
Debt Level: 94C's net debt to equity ratio (106.2%) is considered high.
Reducing Debt: 94C's debt to equity ratio has reduced from 166.1% to 118.4% over the past 5 years.
Debt Coverage: 94C's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: 94C's interest payments on its debt are well covered by EBIT (6.8x coverage).