Anhui Hengyuan Coal Industry and Electricity PowerLtd Balance Sheet Health
Financial Health criteria checks 6/6
Anhui Hengyuan Coal Industry and Electricity PowerLtd has a total shareholder equity of CN¥13.2B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 14.9%. Its total assets and total liabilities are CN¥21.5B and CN¥8.3B respectively. Anhui Hengyuan Coal Industry and Electricity PowerLtd's EBIT is CN¥2.0B making its interest coverage ratio -17.3. It has cash and short-term investments of CN¥7.5B.
Key information
14.9%
Debt to equity ratio
CN¥1.96b
Debt
Interest coverage ratio | -17.3x |
Cash | CN¥7.46b |
Equity | CN¥13.17b |
Total liabilities | CN¥8.35b |
Total assets | CN¥21.52b |
Recent financial health updates
No updates
Recent updates
There's No Escaping Anhui Hengyuan Coal Industry and Electricity Power Co.,Ltd's (SHSE:600971) Muted Earnings
Jun 17An Intrinsic Calculation For Anhui Hengyuan Coal Industry and Electricity Power Co.,Ltd (SHSE:600971) Suggests It's 36% Undervalued
May 27Anhui Hengyuan Coal Industry and Electricity Power Co.,Ltd's (SHSE:600971) Shares Lagging The Market But So Is The Business
Feb 29Financial Position Analysis
Short Term Liabilities: 600971's short term assets (CN¥10.3B) exceed its short term liabilities (CN¥5.8B).
Long Term Liabilities: 600971's short term assets (CN¥10.3B) exceed its long term liabilities (CN¥2.5B).
Debt to Equity History and Analysis
Debt Level: 600971 has more cash than its total debt.
Reducing Debt: 600971's debt to equity ratio has reduced from 37.4% to 14.9% over the past 5 years.
Debt Coverage: 600971's debt is well covered by operating cash flow (160.4%).
Interest Coverage: 600971 earns more interest than it pays, so coverage of interest payments is not a concern.