Beijing Jingneng Clean Energy Balance Sheet Health
Financial Health criteria checks 4/6
Beijing Jingneng Clean Energy has a total shareholder equity of CN¥36.0B and total debt of CN¥42.0B, which brings its debt-to-equity ratio to 116.6%. Its total assets and total liabilities are CN¥96.9B and CN¥60.8B respectively. Beijing Jingneng Clean Energy's EBIT is CN¥5.5B making its interest coverage ratio 4.8. It has cash and short-term investments of CN¥7.1B.
Key information
116.6%
Debt to equity ratio
CN¥42.02b
Debt
| Interest coverage ratio | 4.8x |
| Cash | CN¥7.14b |
| Equity | CN¥36.03b |
| Total liabilities | CN¥60.83b |
| Total assets | CN¥96.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BJ6's short term assets (CN¥22.2B) exceed its short term liabilities (CN¥20.7B).
Long Term Liabilities: BJ6's short term assets (CN¥22.2B) do not cover its long term liabilities (CN¥40.1B).
Debt to Equity History and Analysis
Debt Level: BJ6's net debt to equity ratio (96.8%) is considered high.
Reducing Debt: BJ6's debt to equity ratio has reduced from 131.9% to 116.6% over the past 5 years.
Debt Coverage: BJ6's debt is well covered by operating cash flow (21.4%).
Interest Coverage: BJ6's interest payments on its debt are well covered by EBIT (4.8x coverage).