CNSIG Inner Mongolia Chemical IndustryLtd Balance Sheet Health
Financial Health criteria checks 6/6
CNSIG Inner Mongolia Chemical IndustryLtd has a total shareholder equity of CN¥13.1B and total debt of CN¥582.2M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are CN¥18.0B and CN¥4.8B respectively. CNSIG Inner Mongolia Chemical IndustryLtd's EBIT is CN¥1.2B making its interest coverage ratio 36.1. It has cash and short-term investments of CN¥1.1B.
Key information
4.4%
Debt to equity ratio
CN¥582.24m
Debt
| Interest coverage ratio | 36.1x |
| Cash | CN¥1.11b |
| Equity | CN¥13.14b |
| Total liabilities | CN¥4.84b |
| Total assets | CN¥17.99b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600328's short term assets (CN¥4.3B) exceed its short term liabilities (CN¥4.1B).
Long Term Liabilities: 600328's short term assets (CN¥4.3B) exceed its long term liabilities (CN¥706.9M).
Debt to Equity History and Analysis
Debt Level: 600328 has more cash than its total debt.
Reducing Debt: 600328's debt to equity ratio has reduced from 56.3% to 4.4% over the past 5 years.
Debt Coverage: 600328's debt is well covered by operating cash flow (235.6%).
Interest Coverage: 600328's interest payments on its debt are well covered by EBIT (36.1x coverage).