China Coal Energy Balance Sheet Health
Financial Health criteria checks 6/6
China Coal Energy has a total shareholder equity of CN¥190.9B and total debt of CN¥64.6B, which brings its debt-to-equity ratio to 33.9%. Its total assets and total liabilities are CN¥360.6B and CN¥169.8B respectively. China Coal Energy's EBIT is CN¥30.2B making its interest coverage ratio 91.9. It has cash and short-term investments of CN¥88.9B.
Key information
33.9%
Debt to equity ratio
CN¥64.63b
Debt
| Interest coverage ratio | 91.9x |
| Cash | CN¥88.92b |
| Equity | CN¥190.86b |
| Total liabilities | CN¥169.77b |
| Total assets | CN¥360.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CCOZ.F's short term assets (CN¥123.1B) exceed its short term liabilities (CN¥97.4B).
Long Term Liabilities: CCOZ.F's short term assets (CN¥123.1B) exceed its long term liabilities (CN¥72.4B).
Debt to Equity History and Analysis
Debt Level: CCOZ.F has more cash than its total debt.
Reducing Debt: CCOZ.F's debt to equity ratio has reduced from 83.2% to 33.9% over the past 5 years.
Debt Coverage: CCOZ.F's debt is well covered by operating cash flow (62.5%).
Interest Coverage: CCOZ.F's interest payments on its debt are well covered by EBIT (91.9x coverage).