Sino-Platinum MetalsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Sino-Platinum MetalsLtd has a total shareholder equity of CN¥6.8B and total debt of CN¥2.5B, which brings its debt-to-equity ratio to 37.3%. Its total assets and total liabilities are CN¥11.8B and CN¥5.0B respectively. Sino-Platinum MetalsLtd's EBIT is CN¥732.2M making its interest coverage ratio -24.1. It has cash and short-term investments of CN¥1.8B.
Key information
37.3%
Debt to equity ratio
CN¥2.53b
Debt
| Interest coverage ratio | -24.1x |
| Cash | CN¥1.78b |
| Equity | CN¥6.77b |
| Total liabilities | CN¥5.00b |
| Total assets | CN¥11.77b |
Recent financial health updates
No updates
Recent updates
Sino-Platinum MetalsLtd (SHSE:600459) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Apr 25
Sino-Platinum Metals Co.,Ltd Just Missed EPS By 8.1%: Here's What Analysts Think Will Happen Next
Apr 21An Intrinsic Calculation For Sino-Platinum Metals Co.,Ltd (SHSE:600459) Suggests It's 29% Undervalued
Apr 03Sino-Platinum Metals Co.,Ltd's (SHSE:600459) Shares Lagging The Market But So Is The Business
Mar 01Financial Position Analysis
Short Term Liabilities: 600459's short term assets (CN¥9.9B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 600459's short term assets (CN¥9.9B) exceed its long term liabilities (CN¥2.5B).
Debt to Equity History and Analysis
Debt Level: 600459's net debt to equity ratio (11.1%) is considered satisfactory.
Reducing Debt: 600459's debt to equity ratio has reduced from 119.9% to 37.3% over the past 5 years.
Debt Coverage: 600459's debt is well covered by operating cash flow (29.4%).
Interest Coverage: 600459 earns more interest than it pays, so coverage of interest payments is not a concern.