Henan Yuguang Gold&LeadLtd Balance Sheet Health
Financial Health criteria checks 3/6
Henan Yuguang Gold&LeadLtd has a total shareholder equity of CN¥5.0B and total debt of CN¥8.7B, which brings its debt-to-equity ratio to 173.4%. Its total assets and total liabilities are CN¥16.2B and CN¥11.2B respectively. Henan Yuguang Gold&LeadLtd's EBIT is CN¥861.7M making its interest coverage ratio 6. It has cash and short-term investments of CN¥2.0B.
Key information
173.4%
Debt to equity ratio
CN¥8.66b
Debt
Interest coverage ratio | 6x |
Cash | CN¥2.02b |
Equity | CN¥5.00b |
Total liabilities | CN¥11.23b |
Total assets | CN¥16.23b |
Recent financial health updates
Recent updates
We Think Henan Yuguang Gold&LeadLtd (SHSE:600531) Is Taking Some Risk With Its Debt
Apr 30Henan Yuguang Gold&Lead Co.,Ltd. (SHSE:600531) Surges 25% Yet Its Low P/E Is No Reason For Excitement
Apr 04If EPS Growth Is Important To You, Henan Yuguang Gold&LeadLtd (SHSE:600531) Presents An Opportunity
Mar 06Financial Position Analysis
Short Term Liabilities: 600531's short term assets (CN¥12.1B) exceed its short term liabilities (CN¥9.6B).
Long Term Liabilities: 600531's short term assets (CN¥12.1B) exceed its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 600531's net debt to equity ratio (132.9%) is considered high.
Reducing Debt: 600531's debt to equity ratio has increased from 172.3% to 173.4% over the past 5 years.
Debt Coverage: 600531's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600531's interest payments on its debt are well covered by EBIT (6x coverage).