Jinneng Holding Shanxi Coal Industryltd Balance Sheet Health
Financial Health criteria checks 6/6
Jinneng Holding Shanxi Coal Industryltd has a total shareholder equity of CN¥25.7B and total debt of CN¥5.9B, which brings its debt-to-equity ratio to 22.9%. Its total assets and total liabilities are CN¥38.4B and CN¥12.8B respectively. Jinneng Holding Shanxi Coal Industryltd's EBIT is CN¥5.2B making its interest coverage ratio -8.7. It has cash and short-term investments of CN¥16.1B.
Key information
22.9%
Debt to equity ratio
CN¥5.88b
Debt
| Interest coverage ratio | -8.7x |
| Cash | CN¥16.09b |
| Equity | CN¥25.68b |
| Total liabilities | CN¥12.77b |
| Total assets | CN¥38.45b |
Recent financial health updates
Recent updates
Here's Why We Think Jinneng Holding Shanxi Coal Industryltd (SHSE:601001) Is Well Worth Watching
Jun 13
Jinneng Holding Shanxi Coal Industryltd (SHSE:601001) Has Some Way To Go To Become A Multi-Bagger
May 27Improved Earnings Required Before Jinneng Holding Shanxi Coal Industry Co.,ltd. (SHSE:601001) Stock's 28% Jump Looks Justified
May 27Is Jinneng Holding Shanxi Coal Industryltd (SHSE:601001) A Risky Investment?
Mar 26Jinneng Holding Shanxi Coal Industry Co.,ltd. (SHSE:601001) Stock Rockets 34% But Many Are Still Ignoring The Company
Mar 04Financial Position Analysis
Short Term Liabilities: 601001's short term assets (CN¥18.4B) exceed its short term liabilities (CN¥9.2B).
Long Term Liabilities: 601001's short term assets (CN¥18.4B) exceed its long term liabilities (CN¥3.5B).
Debt to Equity History and Analysis
Debt Level: 601001 has more cash than its total debt.
Reducing Debt: 601001's debt to equity ratio has reduced from 91.2% to 22.9% over the past 5 years.
Debt Coverage: 601001's debt is well covered by operating cash flow (90.5%).
Interest Coverage: 601001 earns more interest than it pays, so coverage of interest payments is not a concern.