Xinte Energy Balance Sheet Health
Financial Health criteria checks 5/6
Xinte Energy has a total shareholder equity of CN¥40.6B and total debt of CN¥22.5B, which brings its debt-to-equity ratio to 55.4%. Its total assets and total liabilities are CN¥87.2B and CN¥46.6B respectively.
Key information
55.4%
Debt to equity ratio
CN¥22.47b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥12.06b |
| Equity | CN¥40.56b |
| Total liabilities | CN¥46.59b |
| Total assets | CN¥87.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1799's short term assets (CN¥31.2B) exceed its short term liabilities (CN¥25.3B).
Long Term Liabilities: 1799's short term assets (CN¥31.2B) exceed its long term liabilities (CN¥21.3B).
Debt to Equity History and Analysis
Debt Level: 1799's net debt to equity ratio (25.7%) is considered satisfactory.
Reducing Debt: 1799's debt to equity ratio has reduced from 95.2% to 55.4% over the past 5 years.
Debt Coverage: 1799's debt is well covered by operating cash flow (24.8%).
Interest Coverage: Insufficient data to determine if 1799's interest payments on its debt are well covered by EBIT.