Shanxi Coking Balance Sheet Health
Financial Health criteria checks 0/6
Shanxi Coking has a total shareholder equity of CN¥15.6B and total debt of CN¥8.6B, which brings its debt-to-equity ratio to 55.4%. Its total assets and total liabilities are CN¥26.3B and CN¥10.7B respectively.
Key information
55.4%
Debt to equity ratio
CN¥8.62b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥775.33m |
| Equity | CN¥15.56b |
| Total liabilities | CN¥10.71b |
| Total assets | CN¥26.27b |
Recent financial health updates
Health Check: How Prudently Does Shanxi Coking (SHSE:600740) Use Debt?
Sep 25
Here's Why Shanxi Coking (SHSE:600740) Can Afford Some Debt
May 22Recent updates
Market Cool On Shanxi Coking Co., Ltd.'s (SHSE:600740) Earnings
Oct 21Health Check: How Prudently Does Shanxi Coking (SHSE:600740) Use Debt?
Sep 25Shanxi Coking Co., Ltd. (SHSE:600740) Screens Well But There Might Be A Catch
Jul 15Here's Why Shanxi Coking (SHSE:600740) Can Afford Some Debt
May 22Market Cool On Shanxi Coking Co., Ltd.'s (SHSE:600740) Earnings
Apr 12Financial Position Analysis
Short Term Liabilities: 600740's short term assets (CN¥1.5B) do not cover its short term liabilities (CN¥6.5B).
Long Term Liabilities: 600740's short term assets (CN¥1.5B) do not cover its long term liabilities (CN¥4.2B).
Debt to Equity History and Analysis
Debt Level: 600740's net debt to equity ratio (50.4%) is considered high.
Reducing Debt: 600740's debt to equity ratio has increased from 42.1% to 55.4% over the past 5 years.
Debt Coverage: 600740's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600740's interest payments on its debt are well covered by EBIT.