Henan Shenhuo Coal Industry and Electricity Power Balance Sheet Health
Financial Health criteria checks 5/6
Henan Shenhuo Coal Industry and Electricity Power has a total shareholder equity of CN¥26.2B and total debt of CN¥18.6B, which brings its debt-to-equity ratio to 71%. Its total assets and total liabilities are CN¥56.1B and CN¥30.0B respectively. Henan Shenhuo Coal Industry and Electricity Power's EBIT is CN¥6.9B making its interest coverage ratio -17.6. It has cash and short-term investments of CN¥9.9B.
Key information
71.0%
Debt to equity ratio
CN¥18.58b
Debt
| Interest coverage ratio | -17.6x |
| Cash | CN¥9.88b |
| Equity | CN¥26.18b |
| Total liabilities | CN¥29.97b |
| Total assets | CN¥56.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000933's short term assets (CN¥17.4B) do not cover its short term liabilities (CN¥25.1B).
Long Term Liabilities: 000933's short term assets (CN¥17.4B) exceed its long term liabilities (CN¥4.9B).
Debt to Equity History and Analysis
Debt Level: 000933's net debt to equity ratio (33.2%) is considered satisfactory.
Reducing Debt: 000933's debt to equity ratio has reduced from 215.2% to 71% over the past 5 years.
Debt Coverage: 000933's debt is well covered by operating cash flow (56.5%).
Interest Coverage: 000933 earns more interest than it pays, so coverage of interest payments is not a concern.