Inner Mongolia Xingye Silver &Tin MiningLtd Balance Sheet Health
Financial Health criteria checks 4/6
Inner Mongolia Xingye Silver &Tin MiningLtd has a total shareholder equity of CN¥6.8B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 25.2%. Its total assets and total liabilities are CN¥11.3B and CN¥4.5B respectively. Inner Mongolia Xingye Silver &Tin MiningLtd's EBIT is CN¥1.6B making its interest coverage ratio 12. It has cash and short-term investments of CN¥607.8M.
Key information
25.2%
Debt to equity ratio
CN¥1.72b
Debt
| Interest coverage ratio | 12x |
| Cash | CN¥607.84m |
| Equity | CN¥6.80b |
| Total liabilities | CN¥4.55b |
| Total assets | CN¥11.35b |
Recent financial health updates
Recent updates
Earnings Tell The Story For Inner Mongolia Xingye Silver &Tin Mining Co.,Ltd (SZSE:000426) As Its Stock Soars 25%
Apr 22
Inner Mongolia Xingye Silver &Tin MiningLtd (SZSE:000426) Has A Pretty Healthy Balance Sheet
Mar 20Earnings Tell The Story For Inner Mongolia Xingye Silver &Tin Mining Co.,Ltd (SZSE:000426) As Its Stock Soars 27%
Mar 06Financial Position Analysis
Short Term Liabilities: 000426's short term assets (CN¥1.2B) do not cover its short term liabilities (CN¥3.0B).
Long Term Liabilities: 000426's short term assets (CN¥1.2B) do not cover its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 000426's net debt to equity ratio (16.3%) is considered satisfactory.
Reducing Debt: 000426's debt to equity ratio has reduced from 44% to 25.2% over the past 5 years.
Debt Coverage: 000426's debt is well covered by operating cash flow (102.3%).
Interest Coverage: 000426's interest payments on its debt are well covered by EBIT (12x coverage).