Kunlun Energy Balance Sheet Health
Financial Health criteria checks 6/6
Kunlun Energy has a total shareholder equity of CN¥85.8B and total debt of CN¥24.5B, which brings its debt-to-equity ratio to 28.5%. Its total assets and total liabilities are CN¥143.5B and CN¥57.7B respectively. Kunlun Energy's EBIT is CN¥12.1B making its interest coverage ratio 134.8. It has cash and short-term investments of CN¥45.6B.
Key information
28.5%
Debt to equity ratio
CN¥24.49b
Debt
Interest coverage ratio | 134.8x |
Cash | CN¥45.59b |
Equity | CN¥85.78b |
Total liabilities | CN¥57.74b |
Total assets | CN¥143.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTJ1's short term assets (CN¥57.2B) exceed its short term liabilities (CN¥34.6B).
Long Term Liabilities: CTJ1's short term assets (CN¥57.2B) exceed its long term liabilities (CN¥23.2B).
Debt to Equity History and Analysis
Debt Level: CTJ1 has more cash than its total debt.
Reducing Debt: CTJ1's debt to equity ratio has reduced from 55% to 28.5% over the past 5 years.
Debt Coverage: CTJ1's debt is well covered by operating cash flow (58.8%).
Interest Coverage: CTJ1's interest payments on its debt are well covered by EBIT (134.8x coverage).