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¥84.4M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are CN¥19.0B and CN¥2.0B respectively. Jinduicheng Molybdenum's EBIT is CN¥3.9B making its interest coverage ratio -39.5. It has cash and short-term investments of CN¥4.2B.
Key information
0.5%
Debt to equity ratio
CN¥84.43m
Debt
| Interest coverage ratio | -39.5x |
| Cash | CN¥4.20b |
| Equity | CN¥16.99b |
| Total liabilities | CN¥2.01b |
| Total assets | CN¥19.00b |
Recent financial health updates
Jinduicheng Molybdenum (SHSE:601958) Could Easily Take On More Debt
Jul 29
Jinduicheng Molybdenum (SHSE:601958) Seems To Use Debt Rather Sparingly
Mar 29Recent updates
Jinduicheng Molybdenum (SHSE:601958) Could Easily Take On More Debt
Jul 29Jinduicheng Molybdenum's (SHSE:601958) Dividend Will Be Increased To CN¥0.40
Jun 27Insufficient Growth At Jinduicheng Molybdenum Co., Ltd. (SHSE:601958) Hampers Share Price
Jun 17Jinduicheng Molybdenum (SHSE:601958) Seems To Use Debt Rather Sparingly
Mar 29Is Jinduicheng Molybdenum Co., Ltd. (SHSE:601958) Trading At A 24% Discount?
Mar 13If EPS Growth Is Important To You, Jinduicheng Molybdenum (SHSE:601958) Presents An Opportunity
Feb 27Financial 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 has more cash than its total debt.
Reducing Debt: 601958's debt to equity ratio has reduced from 3.8% to 0.5% over the past 5 years.
Debt Coverage: 601958's debt is well covered by operating cash flow (4045.8%).
Interest Coverage: 601958 earns more interest than it pays, so coverage of interest payments is not a concern.