Western Region Gold Balance Sheet Health
Financial Health criteria checks 4/6
Western Region Gold has a total shareholder equity of CN¥4.5B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are CN¥7.1B and CN¥2.5B respectively. Western Region Gold's EBIT is CN¥110.1M making its interest coverage ratio 2.6. It has cash and short-term investments of CN¥575.1M.
Key information
24.0%
Debt to equity ratio
CN¥1.08b
Debt
| Interest coverage ratio | 2.6x |
| Cash | CN¥575.15m |
| Equity | CN¥4.52b |
| Total liabilities | CN¥2.55b |
| Total assets | CN¥7.06b |
Recent financial health updates
Recent updates
Western Region Gold Co., Ltd.'s (SHSE:601069) Price Is Out Of Tune With Revenues
Nov 28
Western Region Gold (SHSE:601069) Will Be Hoping To Turn Its Returns On Capital Around
Oct 17Western Region Gold (SHSE:601069) Has A Somewhat Strained Balance Sheet
Sep 20There's Reason For Concern Over Western Region Gold Co., Ltd.'s (SHSE:601069) Price
Aug 22Western Region Gold Co., Ltd. (SHSE:601069) Investors Are Less Pessimistic Than Expected
Apr 22Western Region Gold (SHSE:601069) Is Experiencing Growth In Returns On Capital
Feb 28Financial Position Analysis
Short Term Liabilities: 601069's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥897.8M).
Long Term Liabilities: 601069's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 601069's net debt to equity ratio (11.2%) is considered satisfactory.
Reducing Debt: 601069's debt to equity ratio has reduced from 40.8% to 24% over the past 5 years.
Debt Coverage: 601069's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 601069's interest payments on its debt are not well covered by EBIT (2.6x coverage).