Yunnan Chihong Zinc & Germanium Balance Sheet Health
Financial Health criteria checks 4/6
Yunnan Chihong Zinc & Germanium has a total shareholder equity of CN¥18.8B and total debt of CN¥4.3B, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are CN¥27.3B and CN¥8.5B respectively. Yunnan Chihong Zinc & Germanium's EBIT is CN¥1.8B making its interest coverage ratio 22.1. It has cash and short-term investments of CN¥1.3B.
Key information
23.1%
Debt to equity ratio
CN¥4.34b
Debt
| Interest coverage ratio | 22.1x |
| Cash | CN¥1.30b |
| Equity | CN¥18.75b |
| Total liabilities | CN¥8.51b |
| Total assets | CN¥27.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600497's short term assets (CN¥3.6B) do not cover its short term liabilities (CN¥4.5B).
Long Term Liabilities: 600497's short term assets (CN¥3.6B) do not cover its long term liabilities (CN¥4.0B).
Debt to Equity History and Analysis
Debt Level: 600497's net debt to equity ratio (16.2%) is considered satisfactory.
Reducing Debt: 600497's debt to equity ratio has reduced from 63.1% to 23.1% over the past 5 years.
Debt Coverage: 600497's debt is well covered by operating cash flow (64.8%).
Interest Coverage: 600497's interest payments on its debt are well covered by EBIT (22.1x coverage).