Tianneng Power International Balance Sheet Health
Financial Health criteria checks 4/6
Tianneng Power International has a total shareholder equity of CN¥18.7B and total debt of CN¥14.3B, which brings its debt-to-equity ratio to 76.4%. Its total assets and total liabilities are CN¥54.3B and CN¥35.5B respectively. Tianneng Power International's EBIT is CN¥695.3M making its interest coverage ratio -9.9. It has cash and short-term investments of CN¥11.1B.
Key information
76.4%
Debt to equity ratio
CN¥14.32b
Debt
| Interest coverage ratio | -9.9x |
| Cash | CN¥11.08b |
| Equity | CN¥18.74b |
| Total liabilities | CN¥35.54b |
| Total assets | CN¥54.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TIAN.F's short term assets (CN¥33.9B) exceed its short term liabilities (CN¥28.3B).
Long Term Liabilities: TIAN.F's short term assets (CN¥33.9B) exceed its long term liabilities (CN¥7.2B).
Debt to Equity History and Analysis
Debt Level: TIAN.F's net debt to equity ratio (17.3%) is considered satisfactory.
Reducing Debt: TIAN.F's debt to equity ratio has increased from 59.5% to 76.4% over the past 5 years.
Debt Coverage: TIAN.F's debt is not well covered by operating cash flow (4.4%).
Interest Coverage: TIAN.F earns more interest than it pays, so coverage of interest payments is not a concern.