Inner Mongolia Xingye Silver &Tin MiningLtd Balance Sheet Health
Financial Health criteria checks 5/6
Inner Mongolia Xingye Silver &Tin MiningLtd has a total shareholder equity of CN¥7.7B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 20.7%. Its total assets and total liabilities are CN¥11.4B and CN¥3.6B respectively. Inner Mongolia Xingye Silver &Tin MiningLtd's EBIT is CN¥2.2B making its interest coverage ratio 18.1. It has cash and short-term investments of CN¥521.4M.
Key information
20.7%
Debt to equity ratio
CN¥1.61b
Debt
| Interest coverage ratio | 18.1x |
| Cash | CN¥521.45m |
| Equity | CN¥7.74b |
| Total liabilities | CN¥3.62b |
| Total assets | CN¥11.37b |
Recent financial health updates
Inner Mongolia Xingye Silver &Tin MiningLtd (SZSE:000426) Could Easily Take On More Debt
Jun 21
Inner Mongolia Xingye Silver &Tin MiningLtd (SZSE:000426) Has A Pretty Healthy Balance Sheet
Mar 20Recent updates
Inner Mongolia Xingye Silver &Tin MiningLtd (SZSE:000426) Knows How To Allocate Capital Effectively
Nov 14Does Inner Mongolia Xingye Silver &Tin MiningLtd (SZSE:000426) Deserve A Spot On Your Watchlist?
Oct 25Inner Mongolia Xingye Silver &Tin Mining Co.,Ltd's (SZSE:000426) P/S Still Appears To Be Reasonable
Sep 11Inner Mongolia Xingye Silver &Tin Mining Co.,Ltd (SZSE:000426) Shares Could Be 29% Above Their Intrinsic Value Estimate
Aug 03Returns Are Gaining Momentum At Inner Mongolia Xingye Silver &Tin MiningLtd (SZSE:000426)
Jul 19Inner Mongolia Xingye Silver &Tin MiningLtd (SZSE:000426) Could Easily Take On More Debt
Jun 21Should You Be Adding Inner Mongolia Xingye Silver &Tin MiningLtd (SZSE:000426) To Your Watchlist Today?
May 21Earnings Tell The Story For Inner Mongolia Xingye Silver &Tin Mining Co.,Ltd (SZSE:000426) As Its Stock Soars 25%
Apr 22Inner 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¥1.3B) do not cover its short term liabilities (CN¥2.5B).
Long Term Liabilities: 000426's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 000426's net debt to equity ratio (14%) is considered satisfactory.
Reducing Debt: 000426's debt to equity ratio has reduced from 43.2% to 20.7% over the past 5 years.
Debt Coverage: 000426's debt is well covered by operating cash flow (112.1%).
Interest Coverage: 000426's interest payments on its debt are well covered by EBIT (18.1x coverage).