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¥12.7B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 15.3%. Its total assets and total liabilities are CN¥20.7B and CN¥8.0B respectively. Anhui Hengyuan Coal Industry and Electricity PowerLtd's EBIT is CN¥1.4B making its interest coverage ratio -9.1. It has cash and short-term investments of CN¥6.5B.
Key information
15.3%
Debt to equity ratio
CN¥1.94b
Debt
| Interest coverage ratio | -9.1x |
| Cash | CN¥6.54b |
| Equity | CN¥12.69b |
| Total liabilities | CN¥8.01b |
| Total assets | CN¥20.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600971's short term assets (CN¥8.9B) exceed its short term liabilities (CN¥5.3B).
Long Term Liabilities: 600971's short term assets (CN¥8.9B) exceed its long term liabilities (CN¥2.7B).
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 35.3% to 15.3% over the past 5 years.
Debt Coverage: 600971's debt is well covered by operating cash flow (111.4%).
Interest Coverage: 600971 earns more interest than it pays, so coverage of interest payments is not a concern.