Liaoning Shenhua HoldingsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Liaoning Shenhua HoldingsLtd has a total shareholder equity of CN¥877.8M and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 191.4%. Its total assets and total liabilities are CN¥3.1B and CN¥2.3B respectively.
Key information
191.4%
Debt to equity ratio
CN¥1.68b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥213.98m |
| Equity | CN¥877.76m |
| Total liabilities | CN¥2.26b |
| Total assets | CN¥3.14b |
Recent financial health updates
Recent updates
Would Liaoning Shenhua HoldingsLtd (SHSE:600653) Be Better Off With Less Debt?
Nov 06
Liaoning Shenhua Holdings Co.,Ltd (SHSE:600653) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Oct 01Liaoning Shenhua Holdings Co.,Ltd's (SHSE:600653) Popularity With Investors Under Threat As Stock Sinks 27%
Jul 05Financial Position Analysis
Short Term Liabilities: 600653's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 600653's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥928.5M).
Debt to Equity History and Analysis
Debt Level: 600653's net debt to equity ratio (167%) is considered high.
Reducing Debt: 600653's debt to equity ratio has increased from 146.1% to 191.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 600653 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 600653 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 16% per year.