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¥7.3B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 24.6%. Its total assets and total liabilities are CN¥11.3B and CN¥4.0B respectively. Inner Mongolia Xingye Silver &Tin MiningLtd's EBIT is CN¥2.2B making its interest coverage ratio 17.8. It has cash and short-term investments of CN¥792.9M.
Key information
24.6%
Debt to equity ratio
CN¥1.80b
Debt
Interest coverage ratio | 17.8x |
Cash | CN¥792.85m |
Equity | CN¥7.31b |
Total liabilities | CN¥3.97b |
Total assets | CN¥11.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000426's short term assets (CN¥1.2B) do not cover its short term liabilities (CN¥2.8B).
Long Term Liabilities: 000426's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 000426's net debt to equity ratio (13.7%) is considered satisfactory.
Reducing Debt: 000426's debt to equity ratio has reduced from 43.6% to 24.6% over the past 5 years.
Debt Coverage: 000426's debt is well covered by operating cash flow (104.5%).
Interest Coverage: 000426's interest payments on its debt are well covered by EBIT (17.8x coverage).