Shaanxi Heimao Coking Balance Sheet Health
Financial Health criteria checks 2/6
Shaanxi Heimao Coking has a total shareholder equity of CN¥9.0B and total debt of CN¥4.6B, which brings its debt-to-equity ratio to 51%. Its total assets and total liabilities are CN¥20.7B and CN¥11.7B respectively.
Key information
51.0%
Debt to equity ratio
CN¥4.61b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.24b |
| Equity | CN¥9.04b |
| Total liabilities | CN¥11.67b |
| Total assets | CN¥20.71b |
Recent financial health updates
Health Check: How Prudently Does Shaanxi Heimao Coking (SHSE:601015) Use Debt?
Nov 27
Is Shaanxi Heimao Coking (SHSE:601015) Using Debt In A Risky Way?
May 27Recent updates
Health Check: How Prudently Does Shaanxi Heimao Coking (SHSE:601015) Use Debt?
Nov 27Shaanxi Heimao Coking Co., Ltd. (SHSE:601015) Surges 27% Yet Its Low P/S Is No Reason For Excitement
Oct 01Market Still Lacking Some Conviction On Shaanxi Heimao Coking Co., Ltd. (SHSE:601015)
Aug 09Is Shaanxi Heimao Coking (SHSE:601015) Using Debt In A Risky Way?
May 27Shaanxi Heimao Coking Co., Ltd. (SHSE:601015) Could Be Riskier Than It Looks
Mar 26Financial Position Analysis
Short Term Liabilities: 601015's short term assets (CN¥3.2B) do not cover its short term liabilities (CN¥9.0B).
Long Term Liabilities: 601015's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: 601015's net debt to equity ratio (37.2%) is considered satisfactory.
Reducing Debt: 601015's debt to equity ratio has increased from 25.5% to 51% over the past 5 years.
Debt Coverage: 601015's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 601015's interest payments on its debt are well covered by EBIT.