Kailuan Energy ChemicalLtd Balance Sheet Health
Financial Health criteria checks 5/6
Kailuan Energy ChemicalLtd has a total shareholder equity of CN¥15.3B and total debt of CN¥5.3B, which brings its debt-to-equity ratio to 34.9%. Its total assets and total liabilities are CN¥27.4B and CN¥12.1B respectively. Kailuan Energy ChemicalLtd's EBIT is CN¥755.0M making its interest coverage ratio 309. It has cash and short-term investments of CN¥6.2B.
Key information
34.9%
Debt to equity ratio
CN¥5.33b
Debt
| Interest coverage ratio | 309x |
| Cash | CN¥6.19b |
| Equity | CN¥15.28b |
| Total liabilities | CN¥12.14b |
| Total assets | CN¥27.43b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600997's short term assets (CN¥11.5B) exceed its short term liabilities (CN¥10.6B).
Long Term Liabilities: 600997's short term assets (CN¥11.5B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 600997 has more cash than its total debt.
Reducing Debt: 600997's debt to equity ratio has reduced from 55.5% to 34.9% over the past 5 years.
Debt Coverage: 600997's debt is not well covered by operating cash flow (7.9%).
Interest Coverage: 600997's interest payments on its debt are well covered by EBIT (309x coverage).