Inner Mongolia Yuan Xing Energy Balance Sheet Health
Financial Health criteria checks 4/6
Inner Mongolia Yuan Xing Energy has a total shareholder equity of CN¥18.9B and total debt of CN¥8.1B, which brings its debt-to-equity ratio to 42.9%. Its total assets and total liabilities are CN¥33.9B and CN¥15.0B respectively. Inner Mongolia Yuan Xing Energy's EBIT is CN¥3.8B making its interest coverage ratio -29.9. It has cash and short-term investments of CN¥3.0B.
Key information
42.9%
Debt to equity ratio
CN¥8.10b
Debt
| Interest coverage ratio | -29.9x |
| Cash | CN¥3.01b |
| Equity | CN¥18.90b |
| Total liabilities | CN¥15.04b |
| Total assets | CN¥33.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000683's short term assets (CN¥7.1B) do not cover its short term liabilities (CN¥7.6B).
Long Term Liabilities: 000683's short term assets (CN¥7.1B) do not cover its long term liabilities (CN¥7.4B).
Debt to Equity History and Analysis
Debt Level: 000683's net debt to equity ratio (27%) is considered satisfactory.
Reducing Debt: 000683's debt to equity ratio has reduced from 52.1% to 42.9% over the past 5 years.
Debt Coverage: 000683's debt is well covered by operating cash flow (36.4%).
Interest Coverage: 000683 earns more interest than it pays, so coverage of interest payments is not a concern.