China Shenhua Energy Balance Sheet Health
Financial Health criteria checks 6/6
China Shenhua Energy has a total shareholder equity of CN¥478.4B and total debt of CN¥37.2B, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are CN¥630.1B and CN¥151.8B respectively. China Shenhua Energy's EBIT is CN¥90.7B making its interest coverage ratio -27.4. It has cash and short-term investments of CN¥150.3B.
Key information
7.8%
Debt to equity ratio
CN¥37.23b
Debt
Interest coverage ratio | -27.4x |
Cash | CN¥150.29b |
Equity | CN¥478.37b |
Total liabilities | CN¥151.76b |
Total assets | CN¥630.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1088's short term assets (CN¥199.0B) exceed its short term liabilities (CN¥91.6B).
Long Term Liabilities: 1088's short term assets (CN¥199.0B) exceed its long term liabilities (CN¥60.2B).
Debt to Equity History and Analysis
Debt Level: 1088 has more cash than its total debt.
Reducing Debt: 1088's debt to equity ratio has reduced from 14.5% to 7.8% over the past 5 years.
Debt Coverage: 1088's debt is well covered by operating cash flow (240.9%).
Interest Coverage: 1088 earns more interest than it pays, so coverage of interest payments is not a concern.