Inner Mongolia North Hauler Balance Sheet Health
Financial Health criteria checks 5/6
Inner Mongolia North Hauler has a total shareholder equity of CN¥1.7B and total debt of CN¥100.1M, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are CN¥3.7B and CN¥2.1B respectively. Inner Mongolia North Hauler's EBIT is CN¥207.0M making its interest coverage ratio -12.1. It has cash and short-term investments of CN¥620.2M.
Key information
6.0%
Debt to equity ratio
CN¥100.06m
Debt
| Interest coverage ratio | -12.1x |
| Cash | CN¥620.22m |
| Equity | CN¥1.66b |
| Total liabilities | CN¥2.08b |
| Total assets | CN¥3.75b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600262's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 600262's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥232.1M).
Debt to Equity History and Analysis
Debt Level: 600262 has more cash than its total debt.
Reducing Debt: 600262's debt to equity ratio has reduced from 48% to 6% over the past 5 years.
Debt Coverage: 600262's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600262 earns more interest than it pays, so coverage of interest payments is not a concern.