Shaanxi Energy Investment Balance Sheet Health
Financial Health criteria checks 3/6
Shaanxi Energy Investment has a total shareholder equity of CN¥31.4B and total debt of CN¥26.3B, which brings its debt-to-equity ratio to 83.8%. Its total assets and total liabilities are CN¥67.0B and CN¥35.6B respectively. Shaanxi Energy Investment's EBIT is CN¥5.9B making its interest coverage ratio 10.8. It has cash and short-term investments of CN¥5.4B.
Key information
83.8%
Debt to equity ratio
CN¥26.31b
Debt
| Interest coverage ratio | 10.8x |
| Cash | CN¥5.37b |
| Equity | CN¥31.40b |
| Total liabilities | CN¥35.64b |
| Total assets | CN¥67.04b |
Recent financial health updates
Shaanxi Energy Investment (SZSE:001286) Has A Somewhat Strained Balance Sheet
Oct 14
These 4 Measures Indicate That Shaanxi Energy Investment (SZSE:001286) Is Using Debt Extensively
Jun 27Recent updates
Shaanxi Energy Investment (SZSE:001286) Has A Somewhat Strained Balance Sheet
Oct 14Estimating The Intrinsic Value Of Shaanxi Energy Investment Co., Ltd. (SZSE:001286)
Sep 17Returns At Shaanxi Energy Investment (SZSE:001286) Are On The Way Up
Aug 20These 4 Measures Indicate That Shaanxi Energy Investment (SZSE:001286) Is Using Debt Extensively
Jun 27Estimating The Intrinsic Value Of Shaanxi Energy Investment Co., Ltd. (SZSE:001286)
May 23Shaanxi Energy Investment (SZSE:001286) Is Doing The Right Things To Multiply Its Share Price
Apr 22Financial Position Analysis
Short Term Liabilities: 001286's short term assets (CN¥9.0B) do not cover its short term liabilities (CN¥13.8B).
Long Term Liabilities: 001286's short term assets (CN¥9.0B) do not cover its long term liabilities (CN¥21.9B).
Debt to Equity History and Analysis
Debt Level: 001286's net debt to equity ratio (66.7%) is considered high.
Reducing Debt: 001286's debt to equity ratio has reduced from 110.4% to 83.8% over the past 5 years.
Debt Coverage: 001286's debt is well covered by operating cash flow (29.7%).
Interest Coverage: 001286's interest payments on its debt are well covered by EBIT (10.8x coverage).