Jintai Energy Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Jintai Energy Holdings has a total shareholder equity of HK$85.8M and total debt of HK$179.5M, which brings its debt-to-equity ratio to 209.2%. Its total assets and total liabilities are HK$304.7M and HK$218.9M respectively. Jintai Energy Holdings's EBIT is HK$2.9M making its interest coverage ratio 0.2. It has cash and short-term investments of HK$25.2M.
Key information
209.2%
Debt to equity ratio
HK$179.45m
Debt
| Interest coverage ratio | 0.2x |
| Cash | HK$25.23m |
| Equity | HK$85.79m |
| Total liabilities | HK$218.94m |
| Total assets | HK$304.73m |
Recent financial health updates
Jintai Energy Holdings (HKG:2728) Seems To Be Using A Lot Of Debt
Jun 08
These 4 Measures Indicate That Jintai Energy Holdings (HKG:2728) Is Using Debt Reasonably Well
Dec 06Recent updates
Jintai Energy Holdings Limited's (HKG:2728) Share Price Boosted 41% But Its Business Prospects Need A Lift Too
Jun 17It's Probably Less Likely That Jintai Energy Holdings Limited's (HKG:2728) CEO Will See A Huge Pay Rise This Year
Jun 05Calculating The Fair Value Of Jintai Energy Holdings Limited (HKG:2728)
Mar 07Calculating The Intrinsic Value Of Jintai Energy Holdings Limited (HKG:2728)
Nov 02Jintai Energy Holdings (HKG:2728) Seems To Be Using A Lot Of Debt
Jun 08Shareholders Would Enjoy A Repeat Of Jintai Energy Holdings' (HKG:2728) Recent Growth In Returns
Mar 30These 4 Measures Indicate That Jintai Energy Holdings (HKG:2728) Is Using Debt Reasonably Well
Dec 06Jintai Energy Holdings (HKG:2728) Knows How To Allocate Capital Effectively
Sep 20Statutory Earnings May Not Be The Best Way To Understand Jintai Energy Holdings' (HKG:2728) True Position
May 05Who Has Been Buying Jintai Energy Holdings Limited (HKG:2728) Shares?
Feb 26A Look At Jintai Energy Holdings' (HKG:2728) Share Price Returns
Jan 04Financial Position Analysis
Short Term Liabilities: 2728's short term assets (HK$301.8M) exceed its short term liabilities (HK$81.7M).
Long Term Liabilities: 2728's short term assets (HK$301.8M) exceed its long term liabilities (HK$137.2M).
Debt to Equity History and Analysis
Debt Level: 2728's net debt to equity ratio (179.8%) is considered high.
Reducing Debt: 2728's debt to equity ratio has reduced from 632.4% to 209.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 2728 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 2728 has less than a year of cash runway if free cash flow continues to grow at historical rates of 15.7% each year.