CGN Power Balance Sheet Health
Financial Health criteria checks 2/6
CGN Power has a total shareholder equity of CN¥168.3B and total debt of CN¥201.8B, which brings its debt-to-equity ratio to 119.9%. Its total assets and total liabilities are CN¥418.8B and CN¥250.5B respectively. CGN Power's EBIT is CN¥23.7B making its interest coverage ratio 6.4. It has cash and short-term investments of CN¥19.0B.
Key information
119.9%
Debt to equity ratio
CN¥201.82b
Debt
| Interest coverage ratio | 6.4x |
| Cash | CN¥19.04b |
| Equity | CN¥168.26b |
| Total liabilities | CN¥250.54b |
| Total assets | CN¥418.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1816's short term assets (CN¥75.2B) do not cover its short term liabilities (CN¥81.2B).
Long Term Liabilities: 1816's short term assets (CN¥75.2B) do not cover its long term liabilities (CN¥169.4B).
Debt to Equity History and Analysis
Debt Level: 1816's net debt to equity ratio (108.6%) is considered high.
Reducing Debt: 1816's debt to equity ratio has reduced from 194.9% to 119.9% over the past 5 years.
Debt Coverage: 1816's debt is not well covered by operating cash flow (15%).
Interest Coverage: 1816's interest payments on its debt are well covered by EBIT (6.4x coverage).