Shanxi Coal International Energy GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shanxi Coal International Energy GroupLtd has a total shareholder equity of CN¥21.2B and total debt of CN¥8.8B, which brings its debt-to-equity ratio to 41.3%. Its total assets and total liabilities are CN¥43.8B and CN¥22.6B respectively. Shanxi Coal International Energy GroupLtd's EBIT is CN¥6.1B making its interest coverage ratio 25.3. It has cash and short-term investments of CN¥9.7B.
Key information
41.3%
Debt to equity ratio
CN¥8.76b
Debt
| Interest coverage ratio | 25.3x |
| Cash | CN¥9.73b |
| Equity | CN¥21.19b |
| Total liabilities | CN¥22.57b |
| Total assets | CN¥43.76b |
Recent financial health updates
Shanxi Coal International Energy GroupLtd (SHSE:600546) Has A Pretty Healthy Balance Sheet
Sep 17
Shanxi Coal International Energy GroupLtd (SHSE:600546) Has A Pretty Healthy Balance Sheet
Apr 16Recent updates
Shanxi Coal International Energy GroupLtd (SHSE:600546) Has A Pretty Healthy Balance Sheet
Sep 17Calculating The Fair Value Of Shanxi Coal International Energy Group Co.,Ltd (SHSE:600546)
Sep 01Shanxi Coal International Energy GroupLtd (SHSE:600546) Knows How To Allocate Capital
Aug 15Lacklustre Performance Is Driving Shanxi Coal International Energy Group Co.,Ltd's (SHSE:600546) Low P/E
Jun 10Shanxi Coal International Energy GroupLtd (SHSE:600546) Has A Pretty Healthy Balance Sheet
Apr 16Financial Position Analysis
Short Term Liabilities: 600546's short term assets (CN¥11.9B) exceed its short term liabilities (CN¥11.3B).
Long Term Liabilities: 600546's short term assets (CN¥11.9B) exceed its long term liabilities (CN¥11.3B).
Debt to Equity History and Analysis
Debt Level: 600546 has more cash than its total debt.
Reducing Debt: 600546's debt to equity ratio has reduced from 203.4% to 41.3% over the past 5 years.
Debt Coverage: 600546's debt is well covered by operating cash flow (62.8%).
Interest Coverage: 600546's interest payments on its debt are well covered by EBIT (25.3x coverage).