Beijing Jingneng Clean Energy Balance Sheet Health
Financial Health criteria checks 3/6
Beijing Jingneng Clean Energy has a total shareholder equity of CN¥36.1B and total debt of CN¥40.9B, which brings its debt-to-equity ratio to 113.2%. Its total assets and total liabilities are CN¥96.8B and CN¥60.7B respectively. Beijing Jingneng Clean Energy's EBIT is CN¥5.2B making its interest coverage ratio 4.5. It has cash and short-term investments of CN¥7.0B.
Key information
113.2%
Debt to equity ratio
CN¥40.86b
Debt
| Interest coverage ratio | 4.5x |
| Cash | CN¥7.00b |
| Equity | CN¥36.10b |
| Total liabilities | CN¥60.70b |
| Total assets | CN¥96.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BJ6's short term assets (CN¥20.6B) do not cover its short term liabilities (CN¥22.0B).
Long Term Liabilities: BJ6's short term assets (CN¥20.6B) do not cover its long term liabilities (CN¥38.7B).
Debt to Equity History and Analysis
Debt Level: BJ6's net debt to equity ratio (93.8%) is considered high.
Reducing Debt: BJ6's debt to equity ratio has reduced from 129.6% to 113.2% over the past 5 years.
Debt Coverage: BJ6's debt is well covered by operating cash flow (23.8%).
Interest Coverage: BJ6's interest payments on its debt are well covered by EBIT (4.5x coverage).