China Shenhua Energy Balance Sheet Health
Financial Health criteria checks 6/6
China Shenhua Energy has a total shareholder equity of CN¥502.6B and total debt of CN¥34.0B, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are CN¥656.6B and CN¥154.0B respectively. China Shenhua Energy's EBIT is CN¥88.3B making its interest coverage ratio -26.4. It has cash and short-term investments of CN¥158.1B.
Key information
6.8%
Debt to equity ratio
CN¥33.96b
Debt
Interest coverage ratio | -26.4x |
Cash | CN¥158.08b |
Equity | CN¥502.57b |
Total liabilities | CN¥154.00b |
Total assets | CN¥656.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IKF's short term assets (CN¥218.4B) exceed its short term liabilities (CN¥93.0B).
Long Term Liabilities: IKF's short term assets (CN¥218.4B) exceed its long term liabilities (CN¥61.0B).
Debt to Equity History and Analysis
Debt Level: IKF has more cash than its total debt.
Reducing Debt: IKF's debt to equity ratio has reduced from 13.1% to 6.8% over the past 5 years.
Debt Coverage: IKF's debt is well covered by operating cash flow (262.2%).
Interest Coverage: IKF earns more interest than it pays, so coverage of interest payments is not a concern.