Pingdingshan Tianan Coal. Mining Balance Sheet Health
Financial Health criteria checks 5/6
Pingdingshan Tianan Coal. Mining has a total shareholder equity of CN¥31.2B and total debt of CN¥21.2B, which brings its debt-to-equity ratio to 68.2%. Its total assets and total liabilities are CN¥79.8B and CN¥48.6B respectively. Pingdingshan Tianan Coal. Mining's EBIT is CN¥6.5B making its interest coverage ratio 5.8. It has cash and short-term investments of CN¥16.7B.
Key information
68.2%
Debt to equity ratio
CN¥21.24b
Debt
| Interest coverage ratio | 5.8x |
| Cash | CN¥16.66b |
| Equity | CN¥31.17b |
| Total liabilities | CN¥48.63b |
| Total assets | CN¥79.81b |
Recent financial health updates
No updates
Recent updates
Pingdingshan Tianan Coal. Mining's (SHSE:601666) Weak Earnings May Only Reveal A Part Of The Whole Picture
Mar 25
Pingdingshan Tianan Coal. Mining Co., Ltd. (SHSE:601666) Released Earnings Last Week And Analysts Lifted Their Price Target To CN¥14.15
Mar 22Pingdingshan Tianan Coal. Mining Co., Ltd. (SHSE:601666) Shares Fly 28% But Investors Aren't Buying For Growth
Mar 04Pingdingshan Tianan Coal. Mining (SHSE:601666) Shareholders Will Want The ROCE Trajectory To Continue
Feb 28Financial Position Analysis
Short Term Liabilities: 601666's short term assets (CN¥22.8B) do not cover its short term liabilities (CN¥31.0B).
Long Term Liabilities: 601666's short term assets (CN¥22.8B) exceed its long term liabilities (CN¥17.6B).
Debt to Equity History and Analysis
Debt Level: 601666's net debt to equity ratio (14.7%) is considered satisfactory.
Reducing Debt: 601666's debt to equity ratio has reduced from 114.4% to 68.2% over the past 5 years.
Debt Coverage: 601666's debt is well covered by operating cash flow (24.6%).
Interest Coverage: 601666's interest payments on its debt are well covered by EBIT (5.8x coverage).