Tibet Huayu Mining Balance Sheet Health
Financial Health criteria checks 5/6
Tibet Huayu Mining has a total shareholder equity of CN¥3.9B and total debt of CN¥508.9M, which brings its debt-to-equity ratio to 13%. Its total assets and total liabilities are CN¥5.4B and CN¥1.5B respectively. Tibet Huayu Mining's EBIT is CN¥224.2M making its interest coverage ratio 7.4. It has cash and short-term investments of CN¥84.8M.
Key information
13.0%
Debt to equity ratio
CN¥508.95m
Debt
| Interest coverage ratio | 7.4x |
| Cash | CN¥84.78m |
| Equity | CN¥3.93b |
| Total liabilities | CN¥1.49b |
| Total assets | CN¥5.42b |
Recent financial health updates
Recent updates
Tibet Huayu Mining Co., Ltd.'s (SHSE:601020) Shares May Have Run Too Fast Too Soon
Sep 30
We Think Tibet Huayu Mining (SHSE:601020) Can Stay On Top Of Its Debt
Jul 13Tibet Huayu Mining Co., Ltd.'s (SHSE:601020) P/S Is Still On The Mark Following 28% Share Price Bounce
Jun 10Tibet Huayu Mining Co., Ltd.'s (SHSE:601020) P/E Still Appears To Be Reasonable
Apr 18Financial Position Analysis
Short Term Liabilities: 601020's short term assets (CN¥544.5M) do not cover its short term liabilities (CN¥984.8M).
Long Term Liabilities: 601020's short term assets (CN¥544.5M) exceed its long term liabilities (CN¥508.4M).
Debt to Equity History and Analysis
Debt Level: 601020's net debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: 601020's debt to equity ratio has reduced from 46.1% to 13% over the past 5 years.
Debt Coverage: 601020's debt is well covered by operating cash flow (47.5%).
Interest Coverage: 601020's interest payments on its debt are well covered by EBIT (7.4x coverage).