China Suntien Green Energy Balance Sheet Health
Financial Health criteria checks 1/6
China Suntien Green Energy has a total shareholder equity of CN¥26.5B and total debt of CN¥44.1B, which brings its debt-to-equity ratio to 166.4%. Its total assets and total liabilities are CN¥81.7B and CN¥55.2B respectively. China Suntien Green Energy's EBIT is CN¥4.3B making its interest coverage ratio 4.6. It has cash and short-term investments of CN¥2.9B.
Key information
166.4%
Debt to equity ratio
CN¥44.12b
Debt
| Interest coverage ratio | 4.6x |
| Cash | CN¥2.86b |
| Equity | CN¥26.51b |
| Total liabilities | CN¥55.24b |
| Total assets | CN¥81.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 956's short term assets (CN¥13.3B) do not cover its short term liabilities (CN¥19.9B).
Long Term Liabilities: 956's short term assets (CN¥13.3B) do not cover its long term liabilities (CN¥35.4B).
Debt to Equity History and Analysis
Debt Level: 956's net debt to equity ratio (155.6%) is considered high.
Reducing Debt: 956's debt to equity ratio has increased from 142.9% to 166.4% over the past 5 years.
Debt Coverage: 956's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: 956's interest payments on its debt are well covered by EBIT (4.6x coverage).