Shandong Gold Mining Balance Sheet Health
Financial Health criteria checks 1/6
Shandong Gold Mining has a total shareholder equity of CN¥54.3B and total debt of CN¥56.9B, which brings its debt-to-equity ratio to 104.9%. Its total assets and total liabilities are CN¥142.9B and CN¥88.7B respectively. Shandong Gold Mining's EBIT is CN¥6.3B making its interest coverage ratio 4.1. It has cash and short-term investments of CN¥16.2B.
Key information
104.9%
Debt to equity ratio
CN¥56.89b
Debt
| Interest coverage ratio | 4.1x |
| Cash | CN¥16.17b |
| Equity | CN¥54.25b |
| Total liabilities | CN¥88.66b |
| Total assets | CN¥142.91b |
Recent financial health updates
Recent updates
Here's Why Shandong Gold Mining (SHSE:600547) Has A Meaningful Debt Burden
Jun 10
Here'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¥32.6B) do not cover its short term liabilities (CN¥53.8B).
Long Term Liabilities: 600547's short term assets (CN¥32.6B) do not cover its long term liabilities (CN¥34.8B).
Debt to Equity History and Analysis
Debt Level: 600547's net debt to equity ratio (75.1%) is considered high.
Reducing Debt: 600547's debt to equity ratio has increased from 30.9% to 104.9% over the past 5 years.
Debt Coverage: 600547's debt is not well covered by operating cash flow (14%).
Interest Coverage: 600547's interest payments on its debt are well covered by EBIT (4.1x coverage).