Henan Shenhuo Coal Industary and Electricity Power Balance Sheet Health
Financial Health criteria checks 5/6
Henan Shenhuo Coal Industary and Electricity Power has a total shareholder equity of CN¥25.1B and total debt of CN¥22.1B, which brings its debt-to-equity ratio to 87.8%. Its total assets and total liabilities are CN¥59.4B and CN¥34.3B respectively. Henan Shenhuo Coal Industary and Electricity Power's EBIT is CN¥7.0B making its interest coverage ratio -21.3. It has cash and short-term investments of CN¥14.4B.
Key information
87.8%
Debt to equity ratio
CN¥22.07b
Debt
| Interest coverage ratio | -21.3x |
| Cash | CN¥14.42b |
| Equity | CN¥25.14b |
| Total liabilities | CN¥34.29b |
| Total assets | CN¥59.43b |
Recent financial health updates
No updates
Recent updates
Henan Shenhuo Coal Industary and Electricity Power Corporation Limited (SZSE:000933) Shares Fly 29% But Investors Aren't Buying For Growth
Apr 14
Henan Shenhuo Coal Industary and Electricity Power Corporation Limited (SZSE:000933) Analysts Are Cutting Their Estimates: Here's What You Need To Know
Mar 28Henan Shenhuo Coal & PowerLtd (SZSE:000933) Is Achieving High Returns On Its Capital
Feb 27Financial Position Analysis
Short Term Liabilities: 000933's short term assets (CN¥20.6B) do not cover its short term liabilities (CN¥26.6B).
Long Term Liabilities: 000933's short term assets (CN¥20.6B) exceed its long term liabilities (CN¥7.7B).
Debt to Equity History and Analysis
Debt Level: 000933's net debt to equity ratio (30.4%) is considered satisfactory.
Reducing Debt: 000933's debt to equity ratio has reduced from 250.2% to 87.8% over the past 5 years.
Debt Coverage: 000933's debt is well covered by operating cash flow (46.6%).
Interest Coverage: 000933 earns more interest than it pays, so coverage of interest payments is not a concern.