Inner Mongolia Yitai CoalLtd Balance Sheet Health
Financial Health criteria checks 6/6
Inner Mongolia Yitai CoalLtd has a total shareholder equity of CN¥57.9B and total debt of CN¥20.4B, which brings its debt-to-equity ratio to 35.2%. Its total assets and total liabilities are CN¥89.0B and CN¥31.1B respectively. Inner Mongolia Yitai CoalLtd's EBIT is CN¥10.1B making its interest coverage ratio -283.9. It has cash and short-term investments of CN¥18.3B.
Key information
35.2%
Debt to equity ratio
CN¥20.39b
Debt
| Interest coverage ratio | -283.9x |
| Cash | CN¥18.33b |
| Equity | CN¥57.86b |
| Total liabilities | CN¥31.10b |
| Total assets | CN¥88.95b |
Recent financial health updates
Is Inner Mongolia Yitai CoalLtd (SHSE:900948) Using Too Much Debt?
Aug 21
Inner Mongolia Yitai CoalLtd (SHSE:900948) Has A Pretty Healthy Balance Sheet
May 23Recent updates
Is Inner Mongolia Yitai CoalLtd (SHSE:900948) Using Too Much Debt?
Aug 21Returns Are Gaining Momentum At Inner Mongolia Yitai CoalLtd (SHSE:900948)
Jul 25Inner Mongolia Yitai Coal Co.,Ltd's (SHSE:900948) Low P/E No Reason For Excitement
Jun 13Inner Mongolia Yitai CoalLtd (SHSE:900948) Has A Pretty Healthy Balance Sheet
May 23Returns Are Gaining Momentum At Inner Mongolia Yitai CoalLtd (SHSE:900948)
Apr 08Cautious Investors Not Rewarding Inner Mongolia Yitai Coal Co.,Ltd's (SHSE:900948) Performance Completely
Feb 29Financial Position Analysis
Short Term Liabilities: 900948's short term assets (CN¥22.8B) exceed its short term liabilities (CN¥14.1B).
Long Term Liabilities: 900948's short term assets (CN¥22.8B) exceed its long term liabilities (CN¥17.0B).
Debt to Equity History and Analysis
Debt Level: 900948's net debt to equity ratio (3.5%) is considered satisfactory.
Reducing Debt: 900948's debt to equity ratio has reduced from 93.5% to 35.2% over the past 5 years.
Debt Coverage: 900948's debt is well covered by operating cash flow (44.4%).
Interest Coverage: 900948 earns more interest than it pays, so coverage of interest payments is not a concern.