Xinjiang Xintai Natural Gas Balance Sheet Health
Financial Health criteria checks 5/6
Xinjiang Xintai Natural Gas has a total shareholder equity of CN¥7.9B and total debt of CN¥3.5B, which brings its debt-to-equity ratio to 44.9%. Its total assets and total liabilities are CN¥14.6B and CN¥6.7B respectively. Xinjiang Xintai Natural Gas's EBIT is CN¥1.8B making its interest coverage ratio 23.8. It has cash and short-term investments of CN¥2.9B.
Key information
44.9%
Debt to equity ratio
CN¥3.55b
Debt
| Interest coverage ratio | 23.8x |
| Cash | CN¥2.87b |
| Equity | CN¥7.90b |
| Total liabilities | CN¥6.66b |
| Total assets | CN¥14.56b |
Recent financial health updates
No updates
Recent updates
Should You Be Adding Xinjiang Xintai Natural Gas (SHSE:603393) To Your Watchlist Today?
Aug 14
Xinjiang 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¥4.7B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 603393's short term assets (CN¥4.7B) exceed its long term liabilities (CN¥3.6B).
Debt to Equity History and Analysis
Debt Level: 603393's net debt to equity ratio (8.6%) is considered satisfactory.
Reducing Debt: 603393's debt to equity ratio has increased from 28.9% to 44.9% over the past 5 years.
Debt Coverage: 603393's debt is well covered by operating cash flow (55.7%).
Interest Coverage: 603393's interest payments on its debt are well covered by EBIT (23.8x coverage).