Shandong Yulong Gold Balance Sheet Health
Financial Health criteria checks 4/6
Shandong Yulong Gold has a total shareholder equity of CN¥3.4B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 51.1%. Its total assets and total liabilities are CN¥8.5B and CN¥5.1B respectively. Shandong Yulong Gold's EBIT is CN¥748.1M making its interest coverage ratio 12.1. It has cash and short-term investments of CN¥1.9B.
Key information
51.1%
Debt to equity ratio
CN¥1.75b
Debt
Interest coverage ratio | 12.1x |
Cash | CN¥1.92b |
Equity | CN¥3.41b |
Total liabilities | CN¥5.13b |
Total assets | CN¥8.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601028's short term assets (CN¥6.9B) exceed its short term liabilities (CN¥4.4B).
Long Term Liabilities: 601028's short term assets (CN¥6.9B) exceed its long term liabilities (CN¥760.3M).
Debt to Equity History and Analysis
Debt Level: 601028 has more cash than its total debt.
Reducing Debt: 601028's debt to equity ratio has increased from 0% to 51.1% over the past 5 years.
Debt Coverage: 601028's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 601028's interest payments on its debt are well covered by EBIT (12.1x coverage).