Zhengzhou Coal Mining Machinery Group Balance Sheet Health
Financial Health criteria checks 6/6
Zhengzhou Coal Mining Machinery Group has a total shareholder equity of CN¥23.0B and total debt of CN¥7.2B, which brings its debt-to-equity ratio to 31.2%. Its total assets and total liabilities are CN¥49.4B and CN¥26.3B respectively. Zhengzhou Coal Mining Machinery Group's EBIT is CN¥4.4B making its interest coverage ratio 48.5. It has cash and short-term investments of CN¥12.8B.
Key information
31.2%
Debt to equity ratio
CN¥7.19b
Debt
| Interest coverage ratio | 48.5x |
| Cash | CN¥12.83b |
| Equity | CN¥23.03b |
| Total liabilities | CN¥26.32b |
| Total assets | CN¥49.35b |
Recent financial health updates
These 4 Measures Indicate That Zhengzhou Coal Mining Machinery Group (HKG:564) Is Using Debt Reasonably Well
May 26
We Think Zhengzhou Coal Mining Machinery Group (HKG:564) Can Stay On Top Of Its Debt
Jan 26Here's Why Zhengzhou Coal Mining Machinery Group (HKG:564) Can Manage Its Debt Responsibly
Oct 07Zhengzhou Coal Mining Machinery Group (HKG:564) Seems To Use Debt Quite Sensibly
Jun 24We Think Zhengzhou Coal Mining Machinery Group (HKG:564) Can Stay On Top Of Its Debt
Dec 01Recent updates
These 4 Measures Indicate That Zhengzhou Coal Mining Machinery Group (HKG:564) Is Using Debt Reasonably Well
May 26At HK$7.94, Is It Time To Put Zhengzhou Coal Mining Machinery Group Company Limited (HKG:564) On Your Watch List?
May 07Zhengzhou Coal Mining Machinery Group (HKG:564) Is Looking To Continue Growing Its Returns On Capital
Mar 16A Look At The Intrinsic Value Of Zhengzhou Coal Mining Machinery Group Company Limited (HKG:564)
Feb 08We Think Zhengzhou Coal Mining Machinery Group (HKG:564) Can Stay On Top Of Its Debt
Jan 26Here's Why I Think Zhengzhou Coal Mining Machinery Group (HKG:564) Might Deserve Your Attention Today
Jan 10There's Been No Shortage Of Growth Recently For Zhengzhou Coal Mining Machinery Group's (HKG:564) Returns On Capital
Dec 11Estimating The Intrinsic Value Of Zhengzhou Coal Mining Machinery Group Company Limited (HKG:564)
Nov 04Should You Think About Buying Zhengzhou Coal Mining Machinery Group Company Limited (HKG:564) Now?
Oct 22Here's Why Zhengzhou Coal Mining Machinery Group (HKG:564) Can Manage Its Debt Responsibly
Oct 07Zhengzhou Coal Mining Machinery Group (HKG:564) Is Doing The Right Things To Multiply Its Share Price
Aug 30Here's Why I Think Zhengzhou Coal Mining Machinery Group (HKG:564) Might Deserve Your Attention Today
Jul 12Zhengzhou Coal Mining Machinery Group (HKG:564) Seems To Use Debt Quite Sensibly
Jun 24Zhengzhou Coal Mining Machinery Group (HKG:564) Is Looking To Continue Growing Its Returns On Capital
May 18Does Zhengzhou Coal Mining Machinery Group (HKG:564) Deserve A Spot On Your Watchlist?
Apr 07Estimating The Fair Value Of Zhengzhou Coal Mining Machinery Group Company Limited (HKG:564)
Mar 25Is Zhengzhou Coal Mining Machinery Group Company Limited (HKG:564) An Attractive Dividend Stock?
Mar 15What Type Of Shareholders Own The Most Number of Zhengzhou Coal Mining Machinery Group Company Limited (HKG:564) Shares?
Mar 02Will Zhengzhou Coal Mining Machinery Group's (HKG:564) Growth In ROCE Persist?
Feb 15Are Zhengzhou Coal Mining Machinery Group's (HKG:564) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jan 31Do Its Financials Have Any Role To Play In Driving Zhengzhou Coal Mining Machinery Group Company Limited's (HKG:564) Stock Up Recently?
Jan 18
At HK$9.90, Is Zhengzhou Coal Mining Machinery Group Company Limited (HKG:564) Worth Looking At Closely?
Jan 06Zhengzhou Coal Mining Machinery Group (HKG:564) Has Gifted Shareholders With A Fantastic 214% Total Return On Their Investment
Dec 25How Does Zhengzhou Coal Mining Machinery Group Company Limited (HKG:564) Fare As A Dividend Stock?
Dec 14We Think Zhengzhou Coal Mining Machinery Group (HKG:564) Can Stay On Top Of Its Debt
Dec 01Does Zhengzhou Coal Mining Machinery Group's (HKG:564) CEO Salary Compare Well With The Performance Of The Company?
Nov 20Financial Position Analysis
Short Term Liabilities: 564's short term assets (CN¥37.4B) exceed its short term liabilities (CN¥18.1B).
Long Term Liabilities: 564's short term assets (CN¥37.4B) exceed its long term liabilities (CN¥8.2B).
Debt to Equity History and Analysis
Debt Level: 564 has more cash than its total debt.
Reducing Debt: 564's debt to equity ratio has reduced from 33.8% to 31.2% over the past 5 years.
Debt Coverage: 564's debt is well covered by operating cash flow (52.2%).
Interest Coverage: 564's interest payments on its debt are well covered by EBIT (48.5x coverage).