Qinghai Jinrui Mineral Development Balance Sheet Health
Financial Health criteria checks 5/6
Qinghai Jinrui Mineral Development has a total shareholder equity of CN¥737.0M and total debt of CN¥811.8K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CN¥808.3M and CN¥71.3M respectively.
Key information
0.1%
Debt to equity ratio
CN¥811.78k
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥479.57m |
| Equity | CN¥737.02m |
| Total liabilities | CN¥71.33m |
| Total assets | CN¥808.35m |
Financial Position Analysis
Short Term Liabilities: 600714's short term assets (CN¥644.3M) exceed its short term liabilities (CN¥56.7M).
Long Term Liabilities: 600714's short term assets (CN¥644.3M) exceed its long term liabilities (CN¥14.6M).
Debt to Equity History and Analysis
Debt Level: 600714 has more cash than its total debt.
Reducing Debt: 600714's debt to equity ratio has reduced from 0.7% to 0.1% over the past 5 years.
Debt Coverage: 600714's debt is well covered by operating cash flow (1141.5%).
Interest Coverage: Insufficient data to determine if 600714's interest payments on its debt are well covered by EBIT.