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Xishui Strong YearLtd Inner Mongolia Balance Sheet Health
Financial Health criteria checks 3/6
Key information
8.2%
Debt to equity ratio
CN¥160.00m
Debt
| Interest coverage ratio | 9.8x |
| Cash | CN¥85.04m |
| Equity | CN¥1.95b |
| Total liabilities | CN¥785.71m |
| Total assets | CN¥2.73b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600291's short term assets (CN¥106.3M) do not cover its short term liabilities (CN¥161.0M).
Long Term Liabilities: 600291's short term assets (CN¥106.3M) do not cover its long term liabilities (CN¥624.7M).
Debt to Equity History and Analysis
Debt Level: 600291's net debt to equity ratio (3.9%) is considered satisfactory.
Reducing Debt: 600291's debt to equity ratio has reduced from 30.1% to 8.2% over the past 5 years.
Debt Coverage: 600291's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600291's interest payments on its debt are well covered by EBIT (9.8x coverage).