Chifeng Jilong Gold MiningLtd Balance Sheet Health
Financial Health criteria checks 6/6
Chifeng Jilong Gold MiningLtd has a total shareholder equity of CN¥9.5B and total debt of CN¥2.4B, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are CN¥19.6B and CN¥10.1B respectively. Chifeng Jilong Gold MiningLtd's EBIT is CN¥2.0B making its interest coverage ratio 40.2. It has cash and short-term investments of CN¥2.6B.
Key information
24.9%
Debt to equity ratio
CN¥2.36b
Debt
| Interest coverage ratio | 40.2x |
| Cash | CN¥2.63b |
| Equity | CN¥9.45b |
| Total liabilities | CN¥10.11b |
| Total assets | CN¥19.56b |
Recent financial health updates
Chifeng Jilong Gold MiningLtd (SHSE:600988) Has A Pretty Healthy Balance Sheet
Aug 08
Is Chifeng Jilong Gold MiningLtd (SHSE:600988) A Risky Investment?
Apr 29Recent updates
Chifeng Jilong Gold Mining Co.,Ltd.'s (SHSE:600988) Shares Not Telling The Full Story
Oct 21Chifeng Jilong Gold Mining Co.,Ltd. Beat Revenue Forecasts By 8.2%: Here's What Analysts Are Forecasting Next
Sep 03Chifeng Jilong Gold MiningLtd (SHSE:600988) Has A Pretty Healthy Balance Sheet
Aug 08After Leaping 26% Chifeng Jilong Gold Mining Co.,Ltd. (SHSE:600988) Shares Are Not Flying Under The Radar
Jul 17Is Chifeng Jilong Gold MiningLtd (SHSE:600988) A Risky Investment?
Apr 29Brokers Are Upgrading Their Views On Chifeng Jilong Gold Mining Co.,Ltd. (SHSE:600988) With These New Forecasts
Apr 11Market Participants Recognise Chifeng Jilong Gold Mining Co.,Ltd.'s (SHSE:600988) Earnings Pushing Shares 30% Higher
Apr 02Financial Position Analysis
Short Term Liabilities: 600988's short term assets (CN¥6.1B) exceed its short term liabilities (CN¥4.3B).
Long Term Liabilities: 600988's short term assets (CN¥6.1B) exceed its long term liabilities (CN¥5.8B).
Debt to Equity History and Analysis
Debt Level: 600988 has more cash than its total debt.
Reducing Debt: 600988's debt to equity ratio has reduced from 55.6% to 24.9% over the past 5 years.
Debt Coverage: 600988's debt is well covered by operating cash flow (117.3%).
Interest Coverage: 600988's interest payments on its debt are well covered by EBIT (40.2x coverage).