Xinjiang Xintai Natural Gas Balance Sheet Health
Financial Health criteria checks 5/6
Xinjiang Xintai Natural Gas has a total shareholder equity of CN¥9.8B and total debt of CN¥4.4B, which brings its debt-to-equity ratio to 45.3%. Its total assets and total liabilities are CN¥17.4B and CN¥7.6B respectively. Xinjiang Xintai Natural Gas's EBIT is CN¥1.9B making its interest coverage ratio 15.2. It has cash and short-term investments of CN¥3.1B.
Key information
45.3%
Debt to equity ratio
CN¥4.43b
Debt
| Interest coverage ratio | 15.2x |
| Cash | CN¥3.10b |
| Equity | CN¥9.78b |
| Total liabilities | CN¥7.64b |
| Total assets | CN¥17.42b |
Recent financial health updates
Recent updates
The Returns At Xinjiang Xintai Natural Gas (SHSE:603393) Aren't Growing
Nov 20
Xinjiang Xintai Natural Gas (SHSE:603393) Has A Pretty Healthy Balance Sheet
Oct 04Are Xinjiang Xintai Natural Gas Co., Ltd. (SHSE:603393) Investors Paying Above The Intrinsic Value?
Sep 17Should You Be Adding Xinjiang Xintai Natural Gas (SHSE:603393) To Your Watchlist Today?
Aug 14Xinjiang Xintai Natural Gas (SHSE:603393) Shareholders Will Want The ROCE Trajectory To Continue
Jul 29Xinjiang Xintai Natural Gas Co., Ltd. (SHSE:603393) Screens Well But There Might Be A Catch
Jul 12Xinjiang Xintai Natural Gas Co., Ltd. (SHSE:603393) Shares Could Be 38% Below Their Intrinsic Value Estimate
Apr 05Xinjiang Xintai Natural Gas Co., Ltd. (SHSE:603393) Screens Well But There Might Be A Catch
Feb 29Financial Position Analysis
Short Term Liabilities: 603393's short term assets (CN¥5.3B) exceed its short term liabilities (CN¥3.3B).
Long Term Liabilities: 603393's short term assets (CN¥5.3B) exceed its long term liabilities (CN¥4.3B).
Debt to Equity History and Analysis
Debt Level: 603393's net debt to equity ratio (13.6%) is considered satisfactory.
Reducing Debt: 603393's debt to equity ratio has increased from 29.1% to 45.3% over the past 5 years.
Debt Coverage: 603393's debt is well covered by operating cash flow (48.3%).
Interest Coverage: 603393's interest payments on its debt are well covered by EBIT (15.2x coverage).