ENN Energy Holdings Balance Sheet Health
Financial Health criteria checks 5/6
ENN Energy Holdings has a total shareholder equity of CN¥48.3B and total debt of CN¥19.8B, which brings its debt-to-equity ratio to 41.1%. Its total assets and total liabilities are CN¥100.5B and CN¥52.2B respectively. ENN Energy Holdings's EBIT is CN¥8.4B making its interest coverage ratio 17.7. It has cash and short-term investments of CN¥8.1B.
Key information
41.1%
Debt to equity ratio
CN¥19.83b
Debt
| Interest coverage ratio | 17.7x |
| Cash | CN¥8.07b |
| Equity | CN¥48.29b |
| Total liabilities | CN¥52.22b |
| Total assets | CN¥100.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XGH's short term assets (CN¥22.5B) do not cover its short term liabilities (CN¥31.1B).
Long Term Liabilities: XGH's short term assets (CN¥22.5B) exceed its long term liabilities (CN¥21.1B).
Debt to Equity History and Analysis
Debt Level: XGH's net debt to equity ratio (24.3%) is considered satisfactory.
Reducing Debt: XGH's debt to equity ratio has reduced from 68.5% to 41.1% over the past 5 years.
Debt Coverage: XGH's debt is well covered by operating cash flow (44.8%).
Interest Coverage: XGH's interest payments on its debt are well covered by EBIT (17.7x coverage).