Xinjiang Baodi Mining Balance Sheet Health
Financial Health criteria checks 6/6
Xinjiang Baodi Mining has a total shareholder equity of CN¥3.8B and total debt of CN¥436.2M, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are CN¥6.3B and CN¥2.4B respectively. Xinjiang Baodi Mining's EBIT is CN¥200.4M making its interest coverage ratio -2.1. It has cash and short-term investments of CN¥1.6B.
Key information
11.4%
Debt to equity ratio
CN¥436.18m
Debt
Interest coverage ratio | -2.1x |
Cash | CN¥1.65b |
Equity | CN¥3.82b |
Total liabilities | CN¥2.43b |
Total assets | CN¥6.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601121's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥913.3M).
Long Term Liabilities: 601121's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 601121 has more cash than its total debt.
Reducing Debt: 601121's debt to equity ratio has reduced from 13.9% to 11.4% over the past 5 years.
Debt Coverage: 601121's debt is well covered by operating cash flow (93.9%).
Interest Coverage: 601121 earns more interest than it pays, so coverage of interest payments is not a concern.