Kunlun Energy Balance Sheet Health
Financial Health criteria checks 6/6
Kunlun Energy has a total shareholder equity of CN¥86.7B and total debt of CN¥24.1B, which brings its debt-to-equity ratio to 27.8%. Its total assets and total liabilities are CN¥142.3B and CN¥55.6B respectively. Kunlun Energy's EBIT is CN¥12.3B making its interest coverage ratio -308.2. It has cash and short-term investments of CN¥46.9B.
Key information
27.8%
Debt to equity ratio
CN¥24.11b
Debt
| Interest coverage ratio | -308.2x |
| Cash | CN¥46.87b |
| Equity | CN¥86.70b |
| Total liabilities | CN¥55.63b |
| Total assets | CN¥142.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 135's short term assets (CN¥58.0B) exceed its short term liabilities (CN¥36.0B).
Long Term Liabilities: 135's short term assets (CN¥58.0B) exceed its long term liabilities (CN¥19.6B).
Debt to Equity History and Analysis
Debt Level: 135 has more cash than its total debt.
Reducing Debt: 135's debt to equity ratio has reduced from 49% to 27.8% over the past 5 years.
Debt Coverage: 135's debt is well covered by operating cash flow (55.4%).
Interest Coverage: 135 earns more interest than it pays, so coverage of interest payments is not a concern.