CGN New Energy Holdings Balance Sheet Health
Financial Health criteria checks 0/6
CGN New Energy Holdings has a total shareholder equity of $1.7B and total debt of $5.9B, which brings its debt-to-equity ratio to 347%. Its total assets and total liabilities are $8.4B and $6.7B respectively. CGN New Energy Holdings's EBIT is $552.5M making its interest coverage ratio 2.7. It has cash and short-term investments of $301.7M.
Key information
347.0%
Debt to equity ratio
US$5.86b
Debt
| Interest coverage ratio | 2.7x |
| Cash | US$301.67m |
| Equity | US$1.69b |
| Total liabilities | US$6.66b |
| Total assets | US$8.35b |
Recent financial health updates
CGN New Energy Holdings (HKG:1811) Seems To Be Using A Lot Of Debt
Sep 19
CGN New Energy Holdings (HKG:1811) Seems To Be Using A Lot Of Debt
Jun 01Is CGN New Energy Holdings (HKG:1811) A Risky Investment?
Sep 29CGN New Energy Holdings (HKG:1811) Use Of Debt Could Be Considered Risky
Apr 18Is CGN New Energy Holdings (HKG:1811) A Risky Investment?
Dec 04Here's Why CGN New Energy Holdings (HKG:1811) Is Weighed Down By Its Debt Load
Sep 05Recent updates
Calculating The Fair Value Of CGN New Energy Holdings Co., Ltd. (HKG:1811)
Feb 02Not Many Are Piling Into CGN New Energy Holdings Co., Ltd. (HKG:1811) Just Yet
Jan 04We Like These Underlying Return On Capital Trends At CGN New Energy Holdings (HKG:1811)
Nov 29CGN New Energy Holdings (HKG:1811) Seems To Be Using A Lot Of Debt
Sep 19Are CGN New Energy Holdings Co., Ltd. (HKG:1811) Investors Paying Above The Intrinsic Value?
Aug 15Returns On Capital Are Showing Encouraging Signs At CGN New Energy Holdings (HKG:1811)
Jun 26CGN New Energy Holdings (HKG:1811) Seems To Be Using A Lot Of Debt
Jun 01CGN New Energy Holdings' (HKG:1811) Returns On Capital Are Heading Higher
Feb 24CGN New Energy Holdings (HKG:1811) Shareholders Will Want The ROCE Trajectory To Continue
Nov 17Is CGN New Energy Holdings (HKG:1811) A Risky Investment?
Sep 29There's Been No Shortage Of Growth Recently For CGN New Energy Holdings' (HKG:1811) Returns On Capital
Aug 16Investors Will Want CGN New Energy Holdings' (HKG:1811) Growth In ROCE To Persist
May 16CGN New Energy Holdings (HKG:1811) Use Of Debt Could Be Considered Risky
Apr 18Is CGN New Energy Holdings Co., Ltd. (HKG:1811) Worth HK$4.5 Based On Its Intrinsic Value?
Mar 08Is CGN New Energy Holdings (HKG:1811) A Risky Investment?
Dec 04There's Been No Shortage Of Growth Recently For CGN New Energy Holdings' (HKG:1811) Returns On Capital
Oct 17Here's Why CGN New Energy Holdings (HKG:1811) Is Weighed Down By Its Debt Load
Sep 05CGN New Energy Holdings Co., Ltd. (HKG:1811) Shares Could Be 34% Above Their Intrinsic Value Estimate
Jul 20CGN New Energy Holdings (HKG:1811) Is Experiencing Growth In Returns On Capital
May 24Does CGN New Energy Holdings (HKG:1811) Have A Healthy Balance Sheet?
Apr 10Estimating The Fair Value Of CGN New Energy Holdings Co., Ltd. (HKG:1811)
Mar 14Should You Be Impressed By CGN New Energy Holdings' (HKG:1811) Returns on Capital?
Feb 21Is CGN New Energy Holdings Co., Ltd. (HKG:1811) A High Quality Stock To Own?
Jan 31CGN New Energy Holdings (HKG:1811) Is Growing Earnings But Are They A Good Guide?
Jan 10
What Type Of Returns Would CGN New Energy Holdings'(HKG:1811) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Dec 14Financial Position Analysis
Short Term Liabilities: 1811's short term assets ($1.8B) do not cover its short term liabilities ($2.0B).
Long Term Liabilities: 1811's short term assets ($1.8B) do not cover its long term liabilities ($4.7B).
Debt to Equity History and Analysis
Debt Level: 1811's net debt to equity ratio (329.1%) is considered high.
Reducing Debt: 1811's debt to equity ratio has increased from 283.8% to 347% over the past 5 years.
Debt Coverage: 1811's debt is not well covered by operating cash flow (11.6%).
Interest Coverage: 1811's interest payments on its debt are not well covered by EBIT (2.7x coverage).