Tianneng Power International Balance Sheet Health
Financial Health criteria checks 6/6
Tianneng Power International has a total shareholder equity of CN¥18.4B and total debt of CN¥9.1B, which brings its debt-to-equity ratio to 49.2%. Its total assets and total liabilities are CN¥46.8B and CN¥28.3B respectively. Tianneng Power International's EBIT is CN¥1.2B making its interest coverage ratio -13. It has cash and short-term investments of CN¥10.2B.
Key information
49.2%
Debt to equity ratio
CN¥9.07b
Debt
Interest coverage ratio | -13x |
Cash | CN¥10.25b |
Equity | CN¥18.44b |
Total liabilities | CN¥28.31b |
Total assets | CN¥46.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 819's short term assets (CN¥29.3B) exceed its short term liabilities (CN¥23.3B).
Long Term Liabilities: 819's short term assets (CN¥29.3B) exceed its long term liabilities (CN¥5.0B).
Debt to Equity History and Analysis
Debt Level: 819 has more cash than its total debt.
Reducing Debt: 819's debt to equity ratio has reduced from 50.1% to 49.2% over the past 5 years.
Debt Coverage: 819's debt is well covered by operating cash flow (25.7%).
Interest Coverage: 819 earns more interest than it pays, so coverage of interest payments is not a concern.