China Longyuan Power Group Balance Sheet Health
Financial Health criteria checks 1/6
China Longyuan Power Group has a total shareholder equity of CN¥82.0B and total debt of CN¥122.3B, which brings its debt-to-equity ratio to 149.1%. Its total assets and total liabilities are CN¥229.9B and CN¥147.9B respectively. China Longyuan Power Group's EBIT is CN¥13.9B making its interest coverage ratio 4.3. It has cash and short-term investments of CN¥5.0B.
Key information
149.1%
Debt to equity ratio
CN¥122.30b
Debt
Interest coverage ratio | 4.3x |
Cash | CN¥4.99b |
Equity | CN¥82.03b |
Total liabilities | CN¥147.89b |
Total assets | CN¥229.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLPX.Y's short term assets (CN¥45.0B) do not cover its short term liabilities (CN¥71.3B).
Long Term Liabilities: CLPX.Y's short term assets (CN¥45.0B) do not cover its long term liabilities (CN¥76.6B).
Debt to Equity History and Analysis
Debt Level: CLPX.Y's net debt to equity ratio (143%) is considered high.
Reducing Debt: CLPX.Y's debt to equity ratio has increased from 132.7% to 149.1% over the past 5 years.
Debt Coverage: CLPX.Y's debt is not well covered by operating cash flow (11.4%).
Interest Coverage: CLPX.Y's interest payments on its debt are well covered by EBIT (4.3x coverage).