Puxing Energy Balance Sheet Health
Financial Health criteria checks 2/6
Puxing Energy has a total shareholder equity of CN¥816.1M and total debt of CN¥828.2M, which brings its debt-to-equity ratio to 101.5%. Its total assets and total liabilities are CN¥1.7B and CN¥913.5M respectively. Puxing Energy's EBIT is CN¥140.8M making its interest coverage ratio 4. It has cash and short-term investments of CN¥130.7M.
Key information
101.5%
Debt to equity ratio
CN¥828.24m
Debt
| Interest coverage ratio | 4x |
| Cash | CN¥130.72m |
| Equity | CN¥816.11m |
| Total liabilities | CN¥913.52m |
| Total assets | CN¥1.73b |
Recent financial health updates
Here's Why Puxing Energy (HKG:90) Is Weighed Down By Its Debt Load
Jun 19
These 4 Measures Indicate That Puxing Energy (HKG:90) Is Using Debt Extensively
Oct 07Here's Why Puxing Energy (HKG:90) Has A Meaningful Debt Burden
Apr 06Puxing Energy (HKG:90) Has A Somewhat Strained Balance Sheet
Nov 30Puxing Energy (HKG:90) Has A Somewhat Strained Balance Sheet
May 04We Think Puxing Energy (HKG:90) Is Taking Some Risk With Its Debt
Dec 30
Recent updates
Puxing Energy (HKG:90) Is Looking To Continue Growing Its Returns On Capital
Mar 29Here's Why Puxing Energy (HKG:90) Is Weighed Down By Its Debt Load
Jun 19Return Trends At Puxing Energy (HKG:90) Aren't Appealing
Apr 07Investors Met With Slowing Returns on Capital At Puxing Energy (HKG:90)
Dec 21These 4 Measures Indicate That Puxing Energy (HKG:90) Is Using Debt Extensively
Oct 07Puxing Energy (HKG:90) Hasn't Managed To Accelerate Its Returns
Jul 21Here's Why Puxing Energy (HKG:90) Has A Meaningful Debt Burden
Apr 06Puxing Energy (HKG:90) Has A Somewhat Strained Balance Sheet
Nov 30Puxing Energy (HKG:90) Is Looking To Continue Growing Its Returns On Capital
Oct 11Puxing Energy (HKG:90) Has A Somewhat Strained Balance Sheet
May 04Puxing Energy (HKG:90) Might Have The Makings Of A Multi-Bagger
Apr 02Should You Be Adding Puxing Energy (HKG:90) To Your Watchlist Today?
Feb 22We Think Puxing Energy (HKG:90) Is Taking Some Risk With Its Debt
Dec 30Has Puxing Energy (HKG:90) Got What It Takes To Become A Multi-Bagger?
Dec 02Financial Position Analysis
Short Term Liabilities: 90's short term assets (CN¥251.3M) do not cover its short term liabilities (CN¥536.3M).
Long Term Liabilities: 90's short term assets (CN¥251.3M) do not cover its long term liabilities (CN¥377.2M).
Debt to Equity History and Analysis
Debt Level: 90's net debt to equity ratio (85.5%) is considered high.
Reducing Debt: 90's debt to equity ratio has reduced from 109.3% to 101.5% over the past 5 years.
Debt Coverage: 90's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: 90's interest payments on its debt are well covered by EBIT (4x coverage).