Shanxi Coking Coal Energy Group Balance Sheet Health
Financial Health criteria checks 6/6
Shanxi Coking Coal Energy Group has a total shareholder equity of CN¥47.9B and total debt of CN¥7.9B, which brings its debt-to-equity ratio to 16.6%. Its total assets and total liabilities are CN¥88.7B and CN¥40.8B respectively. Shanxi Coking Coal Energy Group's EBIT is CN¥7.0B making its interest coverage ratio 23.4. It has cash and short-term investments of CN¥15.3B.
Key information
16.6%
Debt to equity ratio
CN¥7.92b
Debt
| Interest coverage ratio | 23.4x |
| Cash | CN¥15.30b |
| Equity | CN¥47.86b |
| Total liabilities | CN¥40.85b |
| Total assets | CN¥88.71b |
Recent financial health updates
Recent updates
Shanxi Coking Coal Energy Group Co., Ltd.'s (SZSE:000983) Share Price Is Matching Sentiment Around Its Earnings
Sep 25
Calculating The Fair Value Of Shanxi Coking Coal Energy Group Co., Ltd. (SZSE:000983)
Aug 03Shanxi Coking Coal Energy Group Co., Ltd.'s (SZSE:000983) Price Is Right But Growth Is Lacking
Jun 17We Think You Can Look Beyond Shanxi Coking Coal Energy Group's (SZSE:000983) Lackluster Earnings
Apr 29Shanxi Coking Coal Energy Group Co., Ltd. Just Missed EPS By 9.9%: Here's What Analysts Think Will Happen Next
Apr 25Is Shanxi Coking Coal Energy Group (SZSE:000983) A Risky Investment?
Feb 29Financial Position Analysis
Short Term Liabilities: 000983's short term assets (CN¥23.3B) exceed its short term liabilities (CN¥20.8B).
Long Term Liabilities: 000983's short term assets (CN¥23.3B) exceed its long term liabilities (CN¥20.0B).
Debt to Equity History and Analysis
Debt Level: 000983 has more cash than its total debt.
Reducing Debt: 000983's debt to equity ratio has reduced from 75.1% to 16.6% over the past 5 years.
Debt Coverage: 000983's debt is well covered by operating cash flow (92.8%).
Interest Coverage: 000983's interest payments on its debt are well covered by EBIT (23.4x coverage).