Inner Mongolia OJing Science & Technology Balance Sheet Health
Financial Health criteria checks 4/6
Inner Mongolia OJing Science & Technology has a total shareholder equity of CN¥1.4B and total debt of CN¥692.0M, which brings its debt-to-equity ratio to 51%. Its total assets and total liabilities are CN¥2.6B and CN¥1.2B respectively. Inner Mongolia OJing Science & Technology's EBIT is CN¥25.3M making its interest coverage ratio 2.1. It has cash and short-term investments of CN¥391.5M.
Key information
51.0%
Debt to equity ratio
CN¥692.01m
Debt
| Interest coverage ratio | 2.1x |
| Cash | CN¥391.53m |
| Equity | CN¥1.36b |
| Total liabilities | CN¥1.24b |
| Total assets | CN¥2.59b |
Recent financial health updates
Inner Mongolia OJing Science & Technology (SZSE:001269) Has A Somewhat Strained Balance Sheet
Oct 03
Is Inner Mongolia OJing Science & Technology (SZSE:001269) A Risky Investment?
Jun 09Recent updates
Inner Mongolia OJing Science & Technology (SZSE:001269) Has A Somewhat Strained Balance Sheet
Oct 03Inner Mongolia OJing Science & Technology (SZSE:001269) Is Increasing Its Dividend To CN¥1.2
Jun 13Is Inner Mongolia OJing Science & Technology (SZSE:001269) A Risky Investment?
Jun 09Inner Mongolia OJing Science & Technology (SZSE:001269) Strong Profits May Be Masking Some Underlying Issues
May 05Financial Position Analysis
Short Term Liabilities: 001269's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥763.9M).
Long Term Liabilities: 001269's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥474.3M).
Debt to Equity History and Analysis
Debt Level: 001269's net debt to equity ratio (22.1%) is considered satisfactory.
Reducing Debt: 001269's debt to equity ratio has increased from 23.2% to 51% over the past 5 years.
Debt Coverage: 001269's debt is well covered by operating cash flow (28.9%).
Interest Coverage: 001269's interest payments on its debt are not well covered by EBIT (2.1x coverage).