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¥4.4B, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are CN¥38.4B and CN¥12.8B respectively. Jinneng Holding Shanxi Coal Industryltd's EBIT is CN¥5.3B making its interest coverage ratio -6.5. It has cash and short-term investments of CN¥16.1B.
Key information
17.1%
Debt to equity ratio
CN¥4.40b
Debt
Interest coverage ratio | -6.5x |
Cash | CN¥16.09b |
Equity | CN¥25.68b |
Total liabilities | CN¥12.77b |
Total assets | CN¥38.45b |
Recent financial health updates
No updates
Recent updates
Financial 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 17.1% over the past 5 years.
Debt Coverage: 601001's debt is well covered by operating cash flow (121.1%).
Interest Coverage: 601001 earns more interest than it pays, so coverage of interest payments is not a concern.