Inner Mongolia Yili Industrial Group Balance Sheet Health
Financial Health criteria checks 4/6
Inner Mongolia Yili Industrial Group has a total shareholder equity of CN¥60.0B and total debt of CN¥61.6B, which brings its debt-to-equity ratio to 102.8%. Its total assets and total liabilities are CN¥150.6B and CN¥90.7B respectively. Inner Mongolia Yili Industrial Group's EBIT is CN¥10.6B making its interest coverage ratio -3.3. It has cash and short-term investments of CN¥50.4B.
Key information
102.8%
Debt to equity ratio
CN¥61.63b
Debt
| Interest coverage ratio | -3.3x |
| Cash | CN¥50.35b |
| Equity | CN¥59.96b |
| Total liabilities | CN¥90.66b |
| Total assets | CN¥150.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600887's short term assets (CN¥71.1B) do not cover its short term liabilities (CN¥79.1B).
Long Term Liabilities: 600887's short term assets (CN¥71.1B) exceed its long term liabilities (CN¥11.6B).
Debt to Equity History and Analysis
Debt Level: 600887's net debt to equity ratio (18.8%) is considered satisfactory.
Reducing Debt: 600887's debt to equity ratio has increased from 35.1% to 102.8% over the past 5 years.
Debt Coverage: 600887's debt is well covered by operating cash flow (33.2%).
Interest Coverage: 600887 earns more interest than it pays, so coverage of interest payments is not a concern.