ENN Energy Holdings Balance Sheet Health
Financial Health criteria checks 5/6
ENN Energy Holdings has a total shareholder equity of CN¥48.3B and total debt of CN¥22.2B, which brings its debt-to-equity ratio to 45.9%. Its total assets and total liabilities are CN¥103.1B and CN¥54.9B respectively. ENN Energy Holdings's EBIT is CN¥9.0B making its interest coverage ratio 19.5. It has cash and short-term investments of CN¥9.8B.
Key information
45.9%
Debt to equity ratio
CN¥22.16b
Debt
Interest coverage ratio | 19.5x |
Cash | CN¥9.79b |
Equity | CN¥48.26b |
Total liabilities | CN¥54.87b |
Total assets | CN¥103.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XNGS.F's short term assets (CN¥26.4B) do not cover its short term liabilities (CN¥34.9B).
Long Term Liabilities: XNGS.F's short term assets (CN¥26.4B) exceed its long term liabilities (CN¥19.9B).
Debt to Equity History and Analysis
Debt Level: XNGS.F's net debt to equity ratio (25.6%) is considered satisfactory.
Reducing Debt: XNGS.F's debt to equity ratio has reduced from 80.5% to 45.9% over the past 5 years.
Debt Coverage: XNGS.F's debt is well covered by operating cash flow (43.4%).
Interest Coverage: XNGS.F's interest payments on its debt are well covered by EBIT (19.5x coverage).