Perennial Energy Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Perennial Energy Holdings has a total shareholder equity of CN¥2.8B and total debt of CN¥913.9M, which brings its debt-to-equity ratio to 32.8%. Its total assets and total liabilities are CN¥4.3B and CN¥1.5B respectively. Perennial Energy Holdings's EBIT is CN¥709.4M making its interest coverage ratio 22.8. It has cash and short-term investments of CN¥130.0M.
Key information
32.8%
Debt to equity ratio
CN¥913.85m
Debt
| Interest coverage ratio | 22.8x |
| Cash | CN¥129.96m |
| Equity | CN¥2.79b |
| Total liabilities | CN¥1.54b |
| Total assets | CN¥4.33b |
Recent financial health updates
We Think Perennial Energy Holdings (HKG:2798) Is Taking Some Risk With Its Debt
Sep 06
Does Perennial Energy Holdings (HKG:2798) Have A Healthy Balance Sheet?
Oct 28Perennial Energy Holdings (HKG:2798) Has A Pretty Healthy Balance Sheet
Jun 18Perennial Energy Holdings (HKG:2798) Has A Pretty Healthy Balance Sheet
Nov 23Does Perennial Energy Holdings (HKG:2798) Have A Healthy Balance Sheet?
Apr 30Recent updates
Perennial Energy Holdings (HKG:2798) Is Reducing Its Dividend To CN¥0.05
Jun 09Perennial Energy Holdings (HKG:2798) Is Paying Out Less In Dividends Than Last Year
May 10Perennial Energy Holdings Limited's (HKG:2798) Price Is Right But Growth Is Lacking After Shares Rocket 31%
May 07Earnings Troubles May Signal Larger Issues for Perennial Energy Holdings (HKG:2798) Shareholders
May 03Perennial Energy Holdings (HKG:2798) Is Reducing Its Dividend To CN¥0.05
Apr 25Perennial Energy Holdings (HKG:2798) Will Pay A Smaller Dividend Than Last Year
Mar 25Perennial Energy Holdings Limited (HKG:2798) Doing What It Can To Lift Shares
Jan 04We Think Perennial Energy Holdings (HKG:2798) Is Taking Some Risk With Its Debt
Sep 06Perennial Energy Holdings (HKG:2798) Could Be Struggling To Allocate Capital
Aug 10Perennial Energy Holdings' (HKG:2798) Dividend Will Be Increased To CN¥0.125
Jun 01A Look At The Intrinsic Value Of Perennial Energy Holdings Limited (HKG:2798)
Apr 20Perennial Energy Holdings (HKG:2798) Is Reinvesting At Lower Rates Of Return
Mar 21Perennial Energy Holdings (HKG:2798) Will Be Hoping To Turn Its Returns On Capital Around
Dec 10Does Perennial Energy Holdings (HKG:2798) Have A Healthy Balance Sheet?
Oct 28Many Would Be Envious Of Perennial Energy Holdings' (HKG:2798) Excellent Returns On Capital
Aug 02Perennial Energy Holdings (HKG:2798) Has A Pretty Healthy Balance Sheet
Jun 18Perennial Energy Holdings (HKG:2798) Is Due To Pay A Dividend Of HK$0.037
May 27Perennial Energy Holdings (HKG:2798) Has Affirmed Its Dividend Of HK$0.037
May 12Perennial Energy Holdings (HKG:2798) Will Pay A Dividend Of HK$0.037
Apr 27Perennial Energy Holdings (HKG:2798) Is Due To Pay A Dividend Of HK$0.037
Mar 28Perennial Energy Holdings (HKG:2798) Has A Pretty Healthy Balance Sheet
Nov 23Here's What's Concerning About Perennial Energy Holdings' (HKG:2798) Returns On Capital
Sep 10Does Perennial Energy Holdings (HKG:2798) Have A Healthy Balance Sheet?
Apr 30Some Investors May Be Worried About Perennial Energy Holdings' (HKG:2798) Returns On Capital
Apr 12Are Strong Financial Prospects The Force That Is Driving The Momentum In Perennial Energy Holdings Limited's HKG:2798) Stock?
Feb 15
Is There More To The Story Than Perennial Energy Holdings's (HKG:2798) Earnings Growth?
Jan 04The Perennial Energy Holdings (HKG:2798) Share Price Has Gained 288%, So Why Not Pay It Some Attention?
Dec 14Returns On Capital At Perennial Energy Holdings (HKG:2798) Paint An Interesting Picture
Nov 26Financial Position Analysis
Short Term Liabilities: 2798's short term assets (CN¥1.0B) do not cover its short term liabilities (CN¥1.2B).
Long Term Liabilities: 2798's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥338.6M).
Debt to Equity History and Analysis
Debt Level: 2798's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: 2798's debt to equity ratio has increased from 21% to 32.8% over the past 5 years.
Debt Coverage: 2798's debt is well covered by operating cash flow (23.3%).
Interest Coverage: 2798's interest payments on its debt are well covered by EBIT (22.8x coverage).