Western MiningLtd Balance Sheet Health
Financial Health criteria checks 3/6
Western MiningLtd has a total shareholder equity of CN¥21.5B and total debt of CN¥22.0B, which brings its debt-to-equity ratio to 102.5%. Its total assets and total liabilities are CN¥52.9B and CN¥31.5B respectively. Western MiningLtd's EBIT is CN¥5.6B making its interest coverage ratio 18.6. It has cash and short-term investments of CN¥4.9B.
Key information
102.5%
Debt to equity ratio
CN¥21.99b
Debt
| Interest coverage ratio | 18.6x |
| Cash | CN¥4.91b |
| Equity | CN¥21.46b |
| Total liabilities | CN¥31.46b |
| Total assets | CN¥52.92b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 601168's short term assets (CN¥12.3B) do not cover its short term liabilities (CN¥14.7B).
Long Term Liabilities: 601168's short term assets (CN¥12.3B) do not cover its long term liabilities (CN¥16.7B).
Debt to Equity History and Analysis
Debt Level: 601168's net debt to equity ratio (79.6%) is considered high.
Reducing Debt: 601168's debt to equity ratio has reduced from 176% to 102.5% over the past 5 years.
Debt Coverage: 601168's debt is well covered by operating cash flow (30.5%).
Interest Coverage: 601168's interest payments on its debt are well covered by EBIT (18.6x coverage).