Henan Jinma Energy Balance Sheet Health
Financial Health criteria checks 1/6
Henan Jinma Energy has a total shareholder equity of CN¥4.6B and total debt of CN¥3.5B, which brings its debt-to-equity ratio to 76.7%. Its total assets and total liabilities are CN¥11.8B and CN¥7.2B respectively.
Key information
76.7%
Debt to equity ratio
CN¥3.53b
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.04b |
Equity | CN¥4.60b |
Total liabilities | CN¥7.17b |
Total assets | CN¥11.77b |
Recent financial health updates
Is Henan Jinma Energy (HKG:6885) Using Too Much Debt?
Dec 24We Think Henan Jinma Energy (HKG:6885) Can Stay On Top Of Its Debt
Aug 20Henan Jinma Energy (HKG:6885) Has A Pretty Healthy Balance Sheet
Apr 27Henan Jinma Energy (HKG:6885) Has A Pretty Healthy Balance Sheet
Dec 22Recent updates
Henan Jinma Energy's (HKG:6885) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 03Calculating The Intrinsic Value Of Henan Jinma Energy Company Limited (HKG:6885)
Feb 26Lacklustre Performance Is Driving Henan Jinma Energy Company Limited's (HKG:6885) Low P/E
Jan 26Be Wary Of Henan Jinma Energy (HKG:6885) And Its Returns On Capital
Dec 06Henan Jinma Energy (HKG:6885) Has Affirmed Its Dividend Of CN¥0.0544
Aug 30Returns On Capital At Henan Jinma Energy (HKG:6885) Paint A Concerning Picture
Aug 17Is Henan Jinma Energy (HKG:6885) Using Too Much Debt?
Dec 24Henan Jinma Energy (HKG:6885) Will Pay A Dividend Of HK$0.12
Oct 17Henan Jinma Energy's (HKG:6885) Profits Appear To Have Quality Issues
Sep 17We Think Henan Jinma Energy (HKG:6885) Can Stay On Top Of Its Debt
Aug 20Henan Jinma Energy's (HKG:6885) Returns On Capital Are Heading Higher
Jul 15This Is Why Henan Jinma Energy Company Limited's (HKG:6885) CEO Compensation Looks Appropriate
May 18Henan Jinma Energy (HKG:6885) Has A Pretty Healthy Balance Sheet
Apr 27Returns On Capital At Henan Jinma Energy (HKG:6885) Have Hit The Brakes
Mar 31Estimating The Intrinsic Value Of Henan Jinma Energy Company Limited (HKG:6885)
Mar 05Are Institutions Heavily Invested In Henan Jinma Energy Company Limited's (HKG:6885) Shares?
Feb 11Shareholders Of Henan Jinma Energy (HKG:6885) Must Be Happy With Their 63% Return
Jan 21Henan Jinma Energy (HKG:6885) Has A Pretty Healthy Balance Sheet
Dec 22Financial Position Analysis
Short Term Liabilities: 6885's short term assets (CN¥3.1B) do not cover its short term liabilities (CN¥5.3B).
Long Term Liabilities: 6885's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥1.9B).
Debt to Equity History and Analysis
Debt Level: 6885's net debt to equity ratio (54.1%) is considered high.
Reducing Debt: 6885's debt to equity ratio has increased from 36% to 76.7% over the past 5 years.
Debt Coverage: 6885's debt is not well covered by operating cash flow (17.2%).
Interest Coverage: Insufficient data to determine if 6885's interest payments on its debt are well covered by EBIT.