ENN Energy Holdings Balance Sheet Health
Financial Health criteria checks 5/6
ENN Energy Holdings has a total shareholder equity of CN¥45.6B and total debt of CN¥20.2B, which brings its debt-to-equity ratio to 44.4%. Its total assets and total liabilities are CN¥102.4B and CN¥56.8B respectively. ENN Energy Holdings's EBIT is CN¥10.3B making its interest coverage ratio 31.2. It has cash and short-term investments of CN¥8.1B.
Key information
44.4%
Debt to equity ratio
CN¥20.24b
Debt
Interest coverage ratio | 31.2x |
Cash | CN¥8.08b |
Equity | CN¥45.56b |
Total liabilities | CN¥56.80b |
Total assets | CN¥102.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2688 N's short term assets (CN¥27.1B) do not cover its short term liabilities (CN¥36.1B).
Long Term Liabilities: 2688 N's short term assets (CN¥27.1B) exceed its long term liabilities (CN¥20.7B).
Debt to Equity History and Analysis
Debt Level: 2688 N's net debt to equity ratio (26.7%) is considered satisfactory.
Reducing Debt: 2688 N's debt to equity ratio has reduced from 97% to 44.4% over the past 5 years.
Debt Coverage: 2688 N's debt is well covered by operating cash flow (49.9%).
Interest Coverage: 2688 N's interest payments on its debt are well covered by EBIT (31.2x coverage).