CNSIG Inner Mongolia Chemical IndustryLtd Balance Sheet Health
Financial Health criteria checks 5/6
CNSIG Inner Mongolia Chemical IndustryLtd has a total shareholder equity of CN¥13.2B and total debt of CN¥832.3M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are CN¥19.0B and CN¥5.8B respectively. CNSIG Inner Mongolia Chemical IndustryLtd's EBIT is CN¥1.2B making its interest coverage ratio 49.9. It has cash and short-term investments of CN¥988.5M.
Key information
6.3%
Debt to equity ratio
CN¥832.32m
Debt
| Interest coverage ratio | 49.9x |
| Cash | CN¥988.51m |
| Equity | CN¥13.24b |
| Total liabilities | CN¥5.76b |
| Total assets | CN¥19.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600328's short term assets (CN¥5.1B) do not cover its short term liabilities (CN¥5.1B).
Long Term Liabilities: 600328's short term assets (CN¥5.1B) exceed its long term liabilities (CN¥666.2M).
Debt to Equity History and Analysis
Debt Level: 600328 has more cash than its total debt.
Reducing Debt: 600328's debt to equity ratio has reduced from 53.4% to 6.3% over the past 5 years.
Debt Coverage: 600328's debt is well covered by operating cash flow (69.7%).
Interest Coverage: 600328's interest payments on its debt are well covered by EBIT (49.9x coverage).