Chengtun Mining Group Balance Sheet Health
Financial Health criteria checks 3/6
Chengtun Mining Group has a total shareholder equity of CN¥16.3B and total debt of CN¥12.4B, which brings its debt-to-equity ratio to 76.1%. Its total assets and total liabilities are CN¥38.6B and CN¥22.3B respectively. Chengtun Mining Group's EBIT is CN¥1.4B making its interest coverage ratio 2.9. It has cash and short-term investments of CN¥6.2B.
Key information
76.1%
Debt to equity ratio
CN¥12.41b
Debt
Interest coverage ratio | 2.9x |
Cash | CN¥6.20b |
Equity | CN¥16.31b |
Total liabilities | CN¥22.27b |
Total assets | CN¥38.58b |
Recent financial health updates
Does Chengtun Mining Group (SHSE:600711) Have A Healthy Balance Sheet?
Jun 25Chengtun Mining Group (SHSE:600711) Has No Shortage Of Debt
Feb 28Recent updates
Does Chengtun Mining Group (SHSE:600711) Have A Healthy Balance Sheet?
Jun 25Chengtun Mining Group Co., Ltd. (SHSE:600711) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough
Jun 03The Market Doesn't Like What It Sees From Chengtun Mining Group Co., Ltd.'s (SHSE:600711) Revenues Yet
Mar 25Chengtun Mining Group (SHSE:600711) Has No Shortage Of Debt
Feb 28Financial Position Analysis
Short Term Liabilities: 600711's short term assets (CN¥18.7B) exceed its short term liabilities (CN¥16.1B).
Long Term Liabilities: 600711's short term assets (CN¥18.7B) exceed its long term liabilities (CN¥6.2B).
Debt to Equity History and Analysis
Debt Level: 600711's net debt to equity ratio (38.1%) is considered satisfactory.
Reducing Debt: 600711's debt to equity ratio has increased from 34.3% to 76.1% over the past 5 years.
Debt Coverage: 600711's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: 600711's interest payments on its debt are not well covered by EBIT (2.9x coverage).