Jinduicheng Molybdenum Balance Sheet Health
Financial Health criteria checks 6/6
Jinduicheng Molybdenum has a total shareholder equity of CN¥17.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥19.0B and CN¥2.0B respectively. Jinduicheng Molybdenum's EBIT is CN¥3.7B making its interest coverage ratio -33. It has cash and short-term investments of CN¥4.2B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -33x |
| Cash | CN¥4.20b |
| Equity | CN¥16.99b |
| Total liabilities | CN¥2.01b |
| Total assets | CN¥19.00b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 601958's short term assets (CN¥9.2B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 601958's short term assets (CN¥9.2B) exceed its long term liabilities (CN¥658.0M).
Debt to Equity History and Analysis
Debt Level: 601958 is debt free.
Reducing Debt: 601958 has no debt compared to 5 years ago when its debt to equity ratio was 4.6%.
Debt Coverage: 601958 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 601958 has no debt, therefore coverage of interest payments is not a concern.