Shaanxi Heimao Coking Balance Sheet Health
Financial Health criteria checks 2/6
Shaanxi Heimao Coking has a total shareholder equity of CN¥9.3B and total debt of CN¥4.0B, which brings its debt-to-equity ratio to 43.2%. Its total assets and total liabilities are CN¥21.2B and CN¥11.9B respectively.
Key information
43.2%
Debt to equity ratio
CN¥4.02b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.88b |
| Equity | CN¥9.32b |
| Total liabilities | CN¥11.90b |
| Total assets | CN¥21.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601015's short term assets (CN¥3.8B) do not cover its short term liabilities (CN¥9.3B).
Long Term Liabilities: 601015's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥2.6B).
Debt to Equity History and Analysis
Debt Level: 601015's net debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: 601015's debt to equity ratio has increased from 19.3% to 43.2% 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.