China Longyuan Power Group Balance Sheet Health
Financial Health criteria checks 1/6
China Longyuan Power Group has a total shareholder equity of CN¥84.2B and total debt of CN¥125.8B, which brings its debt-to-equity ratio to 149.5%. Its total assets and total liabilities are CN¥233.3B and CN¥149.2B respectively. China Longyuan Power Group's EBIT is CN¥14.3B making its interest coverage ratio 5. It has cash and short-term investments of CN¥18.2B.
Key information
149.5%
Debt to equity ratio
CN¥125.82b
Debt
| Interest coverage ratio | 5x |
| Cash | CN¥18.16b |
| Equity | CN¥84.17b |
| Total liabilities | CN¥149.17b |
| Total assets | CN¥233.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 916 N's short term assets (CN¥56.9B) do not cover its short term liabilities (CN¥71.4B).
Long Term Liabilities: 916 N's short term assets (CN¥56.9B) do not cover its long term liabilities (CN¥77.8B).
Debt to Equity History and Analysis
Debt Level: 916 N's net debt to equity ratio (127.9%) is considered high.
Reducing Debt: 916 N's debt to equity ratio has increased from 135.2% to 149.5% over the past 5 years.
Debt Coverage: 916 N's debt is not well covered by operating cash flow (17.1%).
Interest Coverage: 916 N's interest payments on its debt are well covered by EBIT (5x coverage).