Jinhui Mining Incorporation Balance Sheet Health
Financial Health criteria checks 3/6
Jinhui Mining Incorporation has a total shareholder equity of CN¥3.1B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 84%. Its total assets and total liabilities are CN¥6.1B and CN¥3.0B respectively. Jinhui Mining Incorporation's EBIT is CN¥594.9M making its interest coverage ratio 7. It has cash and short-term investments of CN¥801.9M.
Key information
84.0%
Debt to equity ratio
CN¥2.63b
Debt
| Interest coverage ratio | 7x |
| Cash | CN¥801.88m |
| Equity | CN¥3.13b |
| Total liabilities | CN¥3.01b |
| Total assets | CN¥6.14b |
Recent financial health updates
Here's Why Jinhui Mining Incorporation (SHSE:603132) Can Manage Its Debt Responsibly
Jul 12
We Think Jinhui Mining Incorporation (SHSE:603132) Can Stay On Top Of Its Debt
Mar 15Recent updates
Here's What To Make Of Jinhui Mining Incorporation's (SHSE:603132) Decelerating Rates Of Return
Oct 25Here's Why Jinhui Mining Incorporation (SHSE:603132) Can Manage Its Debt Responsibly
Jul 12Slowing Rates Of Return At Jinhui Mining Incorporation (SHSE:603132) Leave Little Room For Excitement
Jun 07We Think Jinhui Mining Incorporation (SHSE:603132) Can Stay On Top Of Its Debt
Mar 15Financial Position Analysis
Short Term Liabilities: 603132's short term assets (CN¥886.8M) do not cover its short term liabilities (CN¥1.8B).
Long Term Liabilities: 603132's short term assets (CN¥886.8M) do not cover its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 603132's net debt to equity ratio (58.4%) is considered high.
Reducing Debt: 603132's debt to equity ratio has reduced from 251.1% to 84% over the past 5 years.
Debt Coverage: 603132's debt is well covered by operating cash flow (34.2%).
Interest Coverage: 603132's interest payments on its debt are well covered by EBIT (7x coverage).