Hainan Mining Balance Sheet Health
Financial Health criteria checks 5/6
Hainan Mining has a total shareholder equity of CN¥7.5B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 34.7%. Its total assets and total liabilities are CN¥12.8B and CN¥5.3B respectively. Hainan Mining's EBIT is CN¥861.8M making its interest coverage ratio -20.1. It has cash and short-term investments of CN¥3.6B.
Key information
34.7%
Debt to equity ratio
CN¥2.59b
Debt
| Interest coverage ratio | -20.1x |
| Cash | CN¥3.55b |
| Equity | CN¥7.46b |
| Total liabilities | CN¥5.30b |
| Total assets | CN¥12.76b |
Recent financial health updates
Is Hainan Mining (SHSE:601969) A Risky Investment?
Oct 28
Here's Why Hainan Mining (SHSE:601969) Can Manage Its Debt Responsibly
May 22Recent updates
Is Hainan Mining (SHSE:601969) A Risky Investment?
Oct 28Hainan Mining Co., Ltd. (SHSE:601969) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Oct 01Earnings Working Against Hainan Mining Co., Ltd.'s (SHSE:601969) Share Price
Jul 18We Like These Underlying Return On Capital Trends At Hainan Mining (SHSE:601969)
Jun 26Here's Why Hainan Mining (SHSE:601969) Can Manage Its Debt Responsibly
May 22Hainan Mining Co., Ltd. (SHSE:601969) Soars 25% But It's A Story Of Risk Vs Reward
Mar 06Financial Position Analysis
Short Term Liabilities: 601969's short term assets (CN¥5.4B) exceed its short term liabilities (CN¥4.0B).
Long Term Liabilities: 601969's short term assets (CN¥5.4B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 601969 has more cash than its total debt.
Reducing Debt: 601969's debt to equity ratio has increased from 22.1% to 34.7% over the past 5 years.
Debt Coverage: 601969's debt is well covered by operating cash flow (48.7%).
Interest Coverage: 601969 earns more interest than it pays, so coverage of interest payments is not a concern.