Western MiningLtd Balance Sheet Health
Financial Health criteria checks 3/6
Western MiningLtd has a total shareholder equity of CN¥21.0B and total debt of CN¥21.9B, which brings its debt-to-equity ratio to 104.2%. Its total assets and total liabilities are CN¥52.7B and CN¥31.7B respectively. Western MiningLtd's EBIT is CN¥6.8B making its interest coverage ratio 72.1. It has cash and short-term investments of CN¥6.0B.
Key information
104.2%
Debt to equity ratio
CN¥21.91b
Debt
Interest coverage ratio | 72.1x |
Cash | CN¥6.02b |
Equity | CN¥21.02b |
Total liabilities | CN¥31.72b |
Total assets | CN¥52.74b |
Recent financial health updates
Recent updates
These 4 Measures Indicate That Western MiningLtd (SHSE:601168) Is Using Debt Reasonably Well
Jul 19There Is A Reason Western Mining Co.,Ltd.'s (SHSE:601168) Price Is Undemanding
Jul 01Is Western Mining Co.,Ltd. (SHSE:601168) Trading At A 45% Discount?
Apr 04Western Mining Co.,Ltd. Just Missed EPS By 12%: Here's What Analysts Think Will Happen Next
Mar 18Western Mining Co.,Ltd.'s (SHSE:601168) Share Price Boosted 27% But Its Business Prospects Need A Lift Too
Mar 14Financial Position Analysis
Short Term Liabilities: 601168's short term assets (CN¥12.5B) do not cover its short term liabilities (CN¥13.9B).
Long Term Liabilities: 601168's short term assets (CN¥12.5B) do not cover its long term liabilities (CN¥17.8B).
Debt to Equity History and Analysis
Debt Level: 601168's net debt to equity ratio (75.6%) is considered high.
Reducing Debt: 601168's debt to equity ratio has reduced from 169.4% to 104.2% over the past 5 years.
Debt Coverage: 601168's debt is well covered by operating cash flow (30.6%).
Interest Coverage: 601168's interest payments on its debt are well covered by EBIT (72.1x coverage).