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
No updates
Recent updates
Financial 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 14:29 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Xinjiang Xintai Natural Gas Co., Ltd. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Wei Wang | Everbright Securities Co. Ltd. |
| Yang Wang | Industrial Securities Co. Ltd. |
| Tai Zhou | Minsheng Securities Co. |