Shandong Gold Mining Balance Sheet Health
Financial Health criteria checks 1/6
Shandong Gold Mining has a total shareholder equity of CN¥53.9B and total debt of CN¥61.0B, which brings its debt-to-equity ratio to 113.1%. Its total assets and total liabilities are CN¥152.7B and CN¥98.8B respectively. Shandong Gold Mining's EBIT is CN¥7.5B making its interest coverage ratio 4.7. It has cash and short-term investments of CN¥15.5B.
Key information
113.1%
Debt to equity ratio
CN¥60.97b
Debt
| Interest coverage ratio | 4.7x |
| Cash | CN¥15.52b |
| Equity | CN¥53.90b |
| Total liabilities | CN¥98.76b |
| Total assets | CN¥152.66b |
Recent financial health updates
Recent updates
We Ran A Stock Scan For Earnings Growth And Shandong Gold Mining (SHSE:600547) Passed With Ease
Sep 20
Analysts Are Betting On Shandong Gold Mining Co., Ltd. (SHSE:600547) With A Big Upgrade This Week
Sep 04Why Investors Shouldn't Be Surprised By Shandong Gold Mining Co., Ltd.'s (SHSE:600547) P/E
Jul 30Shandong Gold Mining (SHSE:600547) Is Increasing Its Dividend To CN¥0.14
Jul 12Here's Why Shandong Gold Mining (SHSE:600547) Has A Meaningful Debt Burden
Jun 10Here's Why We Think Shandong Gold Mining (SHSE:600547) Might Deserve Your Attention Today
May 22Shandong Gold Mining Co., Ltd. (SHSE:600547) Stocks Shoot Up 35% But Its P/E Still Looks Reasonable
Apr 14Brokers Are Upgrading Their Views On Shandong Gold Mining Co., Ltd. (SHSE:600547) With These New Forecasts
Apr 02Shandong Gold Mining Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Apr 01Earnings Not Telling The Story For Shandong Gold Mining Co., Ltd. (SHSE:600547)
Feb 29Financial Position Analysis
Short Term Liabilities: 600547's short term assets (CN¥31.6B) do not cover its short term liabilities (CN¥64.7B).
Long Term Liabilities: 600547's short term assets (CN¥31.6B) do not cover its long term liabilities (CN¥34.0B).
Debt to Equity History and Analysis
Debt Level: 600547's net debt to equity ratio (84.3%) is considered high.
Reducing Debt: 600547's debt to equity ratio has increased from 32.8% to 113.1% over the past 5 years.
Debt Coverage: 600547's debt is not well covered by operating cash flow (18.9%).
Interest Coverage: 600547's interest payments on its debt are well covered by EBIT (4.7x coverage).