China Shenhua Energy Balance Sheet Health
Financial Health criteria checks 6/6
China Shenhua Energy has a total shareholder equity of CN¥495.9B and total debt of CN¥35.9B, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are CN¥652.4B and CN¥156.5B respectively. China Shenhua Energy's EBIT is CN¥87.7B making its interest coverage ratio -25.4. It has cash and short-term investments of CN¥154.2B.
Key information
7.2%
Debt to equity ratio
CN¥35.89b
Debt
| Interest coverage ratio | -25.4x |
| Cash | CN¥154.18b |
| Equity | CN¥495.86b |
| Total liabilities | CN¥156.50b |
| Total assets | CN¥652.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601088's short term assets (CN¥211.3B) exceed its short term liabilities (CN¥95.9B).
Long Term Liabilities: 601088's short term assets (CN¥211.3B) exceed its long term liabilities (CN¥60.6B).
Debt to Equity History and Analysis
Debt Level: 601088 has more cash than its total debt.
Reducing Debt: 601088's debt to equity ratio has reduced from 12.1% to 7.2% over the past 5 years.
Debt Coverage: 601088's debt is well covered by operating cash flow (274.4%).
Interest Coverage: 601088 earns more interest than it pays, so coverage of interest payments is not a concern.