China National Gold Group Gold JewelleryLtd Balance Sheet Health
Financial Health criteria checks 6/6
China National Gold Group Gold JewelleryLtd has a total shareholder equity of CN¥7.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥12.3B and CN¥5.0B respectively. China National Gold Group Gold JewelleryLtd's EBIT is CN¥1.8B making its interest coverage ratio 117.6. It has cash and short-term investments of CN¥5.5B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | 117.6x |
| Cash | CN¥5.54b |
| Equity | CN¥7.32b |
| Total liabilities | CN¥4.96b |
| Total assets | CN¥12.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600916's short term assets (CN¥11.5B) exceed its short term liabilities (CN¥4.7B).
Long Term Liabilities: 600916's short term assets (CN¥11.5B) exceed its long term liabilities (CN¥244.4M).
Debt to Equity History and Analysis
Debt Level: 600916 is debt free.
Reducing Debt: 600916 had no debt 5 years ago.
Debt Coverage: 600916 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600916 has no debt, therefore coverage of interest payments is not a concern.