Inner Mongolia Dazhong Mining Balance Sheet Health
Financial Health criteria checks 3/6
Inner Mongolia Dazhong Mining has a total shareholder equity of CN¥6.1B and total debt of CN¥6.6B, which brings its debt-to-equity ratio to 107%. Its total assets and total liabilities are CN¥15.2B and CN¥9.1B respectively. Inner Mongolia Dazhong Mining's EBIT is CN¥1.6B making its interest coverage ratio 8.8. It has cash and short-term investments of CN¥1.2B.
Key information
107.0%
Debt to equity ratio
CN¥6.58b
Debt
| Interest coverage ratio | 8.8x |
| Cash | CN¥1.24b |
| Equity | CN¥6.15b |
| Total liabilities | CN¥9.09b |
| Total assets | CN¥15.24b |
Recent financial health updates
We Think Inner Mongolia Dazhong Mining (SZSE:001203) Is Taking Some Risk With Its Debt
Jul 17
Is Inner Mongolia Dazhong Mining (SZSE:001203) Using Too Much Debt?
Apr 17Recent updates
We Think Inner Mongolia Dazhong Mining (SZSE:001203) Is Taking Some Risk With Its Debt
Jul 17Returns On Capital At Inner Mongolia Dazhong Mining (SZSE:001203) Have Stalled
Jun 26Earnings Working Against Inner Mongolia Dazhong Mining Co., Ltd.'s (SZSE:001203) Share Price
Jun 03Is Inner Mongolia Dazhong Mining (SZSE:001203) Using Too Much Debt?
Apr 17We Think You Should Be Aware Of Some Concerning Factors In Inner Mongolia Dazhong Mining's (SZSE:001203) Earnings
Mar 25Investors Could Be Concerned With Inner Mongolia Dazhong Mining's (SZSE:001203) Returns On Capital
Mar 11Financial Position Analysis
Short Term Liabilities: 001203's short term assets (CN¥2.2B) do not cover its short term liabilities (CN¥5.1B).
Long Term Liabilities: 001203's short term assets (CN¥2.2B) do not cover its long term liabilities (CN¥4.0B).
Debt to Equity History and Analysis
Debt Level: 001203's net debt to equity ratio (86.9%) is considered high.
Reducing Debt: 001203's debt to equity ratio has reduced from 312.8% to 107% over the past 5 years.
Debt Coverage: 001203's debt is well covered by operating cash flow (32.2%).
Interest Coverage: 001203's interest payments on its debt are well covered by EBIT (8.8x coverage).