Inner Mongolia Yuan Xing Energy Balance Sheet Health
Financial Health criteria checks 3/6
Inner Mongolia Yuan Xing Energy has a total shareholder equity of CN¥18.8B and total debt of CN¥8.2B, which brings its debt-to-equity ratio to 43.5%. Its total assets and total liabilities are CN¥33.1B and CN¥14.3B respectively. Inner Mongolia Yuan Xing Energy's EBIT is CN¥4.4B making its interest coverage ratio -458.1. It has cash and short-term investments of CN¥2.8B.
Key information
43.5%
Debt to equity ratio
CN¥8.17b
Debt
| Interest coverage ratio | -458.1x |
| Cash | CN¥2.85b |
| Equity | CN¥18.77b |
| Total liabilities | CN¥14.29b |
| Total assets | CN¥33.05b |
Recent financial health updates
Recent updates
Slowing Rates Of Return At Inner Mongolia Yuan Xing Energy (SZSE:000683) Leave Little Room For Excitement
Jul 17
Here's Why Inner Mongolia Yuan Xing Energy (SZSE:000683) Can Manage Its Debt Responsibly
Jun 13Inner Mongolia Yuan Xing Energy's (SZSE:000683) Dividend Will Be Increased To CN¥0.30
May 24There May Be Some Bright Spots In Inner Mongolia Yuan Xing Energy's (SZSE:000683) Earnings
Apr 22Insufficient Growth At Inner Mongolia Yuan Xing Energy Company Limited (SZSE:000683) Hampers Share Price
Apr 08Be Wary Of Inner Mongolia Yuan Xing Energy (SZSE:000683) And Its Returns On Capital
Mar 01Financial Position Analysis
Short Term Liabilities: 000683's short term assets (CN¥5.9B) do not cover its short term liabilities (CN¥7.3B).
Long Term Liabilities: 000683's short term assets (CN¥5.9B) do not cover its long term liabilities (CN¥6.9B).
Debt to Equity History and Analysis
Debt Level: 000683's net debt to equity ratio (28.3%) is considered satisfactory.
Reducing Debt: 000683's debt to equity ratio has increased from 43.4% to 43.5% over the past 5 years.
Debt Coverage: 000683's debt is well covered by operating cash flow (39.6%).
Interest Coverage: 000683 earns more interest than it pays, so coverage of interest payments is not a concern.