Shanxi Coal International Energy GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shanxi Coal International Energy GroupLtd has a total shareholder equity of CN¥20.3B and total debt of CN¥8.6B, which brings its debt-to-equity ratio to 42.1%. Its total assets and total liabilities are CN¥43.5B and CN¥23.2B respectively. Shanxi Coal International Energy GroupLtd's EBIT is CN¥5.8B making its interest coverage ratio 28.5. It has cash and short-term investments of CN¥9.3B.
Key information
42.1%
Debt to equity ratio
CN¥8.56b
Debt
| Interest coverage ratio | 28.5x |
| Cash | CN¥9.28b |
| Equity | CN¥20.34b |
| Total liabilities | CN¥23.16b |
| Total assets | CN¥43.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600546's short term assets (CN¥11.5B) exceed its short term liabilities (CN¥11.5B).
Long Term Liabilities: 600546's short term assets (CN¥11.5B) do not cover its long term liabilities (CN¥11.7B).
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 186.7% to 42.1% over the past 5 years.
Debt Coverage: 600546's debt is well covered by operating cash flow (53.7%).
Interest Coverage: 600546's interest payments on its debt are well covered by EBIT (28.5x coverage).