Inner Mongolia Xinhua Distribution GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Inner Mongolia Xinhua Distribution GroupLtd has a total shareholder equity of CN¥2.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥4.7B and CN¥2.0B respectively. Inner Mongolia Xinhua Distribution GroupLtd's EBIT is CN¥239.3M making its interest coverage ratio -8.6. It has cash and short-term investments of CN¥2.2B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -8.6x |
| Cash | CN¥2.20b |
| Equity | CN¥2.71b |
| Total liabilities | CN¥2.00b |
| Total assets | CN¥4.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603230's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 603230's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥273.2M).
Debt to Equity History and Analysis
Debt Level: 603230 is debt free.
Reducing Debt: 603230 has not had any debt for past 5 years.
Debt Coverage: 603230 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603230 has no debt, therefore coverage of interest payments is not a concern.