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¥1.8B and total debt of CN¥676.1M, which brings its debt-to-equity ratio to 36.9%. Its total assets and total liabilities are CN¥3.5B and CN¥1.7B respectively. Inner Mongolia OJing Science & Technology's EBIT is CN¥587.3M making its interest coverage ratio 135.9. It has cash and short-term investments of CN¥763.6M.
Key information
36.9%
Debt to equity ratio
CN¥676.14m
Debt
Interest coverage ratio | 135.9x |
Cash | CN¥763.62m |
Equity | CN¥1.83b |
Total liabilities | CN¥1.68b |
Total assets | CN¥3.51b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 001269's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 001269's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥487.7M).
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 increased from 12% to 36.9% over the past 5 years.
Debt Coverage: 001269's debt is not well covered by operating cash flow (17.9%).
Interest Coverage: 001269's interest payments on its debt are well covered by EBIT (135.9x coverage).