Inner Mongolia OJing Science & Technology Balance Sheet Health
Financial Health criteria checks 5/6
Inner Mongolia OJing Science & Technology has a total shareholder equity of CN¥1.7B and total debt of CN¥210.9M, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are CN¥2.9B and CN¥1.3B respectively. Inner Mongolia OJing Science & Technology's EBIT is CN¥753.8M making its interest coverage ratio 106.1. It has cash and short-term investments of CN¥363.0M.
Key information
12.7%
Debt to equity ratio
CN¥210.94m
Debt
Interest coverage ratio | 106.1x |
Cash | CN¥362.98m |
Equity | CN¥1.66b |
Total liabilities | CN¥1.25b |
Total assets | CN¥2.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 001269's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 001269's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥158.6M).
Debt to Equity History and Analysis
Debt Level: 001269 has more cash than its total debt.
Reducing Debt: 001269's debt to equity ratio has reduced from 35.6% to 12.7% over the past 5 years.
Debt Coverage: 001269's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: 001269's interest payments on its debt are well covered by EBIT (106.1x coverage).