Henan Shenhuo Coal Industry and Electricity Power Balance Sheet Health
Financial Health criteria checks 4/6
Henan Shenhuo Coal Industry and Electricity Power has a total shareholder equity of CN¥24.8B and total debt of CN¥24.0B, which brings its debt-to-equity ratio to 96.9%. Its total assets and total liabilities are CN¥58.5B and CN¥33.8B respectively. Henan Shenhuo Coal Industry and Electricity Power's EBIT is CN¥7.1B making its interest coverage ratio -16.1. It has cash and short-term investments of CN¥13.3B.
Key information
96.9%
Debt to equity ratio
CN¥23.99b
Debt
| Interest coverage ratio | -16.1x |
| Cash | CN¥13.33b |
| Equity | CN¥24.77b |
| Total liabilities | CN¥33.78b |
| Total assets | CN¥58.55b |
Recent financial health updates
Recent updates
Henan Shenhuo Coal Industry and Electricity Power Co. Ltd's (SZSE:000933) Shares Bounce 33% But Its Business Still Trails The Market
Oct 01
Henan Shenhuo Coal Industry and Electricity Power (SZSE:000933) Has A Pretty Healthy Balance Sheet
Aug 14Why We Like The Returns At Henan Shenhuo Coal Industary and Electricity Power (SZSE:000933)
Jun 28Henan Shenhuo Coal Industary and Electricity Power (SZSE:000933) Is Reducing Its Dividend To CN¥0.80
May 12Henan Shenhuo Coal Industary and Electricity Power's (SZSE:000933) Conservative Accounting Might Explain Soft Earnings
Apr 29Henan Shenhuo Coal Industary and Electricity Power Corporation Limited (SZSE:000933) Shares Fly 29% But Investors Aren't Buying For Growth
Apr 14Henan 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¥20.8B) do not cover its short term liabilities (CN¥25.6B).
Long Term Liabilities: 000933's short term assets (CN¥20.8B) exceed its long term liabilities (CN¥8.2B).
Debt to Equity History and Analysis
Debt Level: 000933's net debt to equity ratio (43.1%) is considered high.
Reducing Debt: 000933's debt to equity ratio has reduced from 274.5% to 96.9% over the past 5 years.
Debt Coverage: 000933's debt is well covered by operating cash flow (44.4%).
Interest Coverage: 000933 earns more interest than it pays, so coverage of interest payments is not a concern.