Zangge Mining Balance Sheet Health
Financial Health criteria checks 6/6
Zangge Mining has a total shareholder equity of CN¥13.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥14.3B and CN¥671.2M respectively. Zangge Mining's EBIT is CN¥2.2B making its interest coverage ratio -1.7. It has cash and short-term investments of CN¥1.4B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -1.7x |
Cash | CN¥1.39b |
Equity | CN¥13.59b |
Total liabilities | CN¥671.22m |
Total assets | CN¥14.26b |
Recent financial health updates
No updates
Recent updates
Insufficient Growth At Zangge Mining Company Limited (SZSE:000408) Hampers Share Price
Jul 31Estimating The Intrinsic Value Of Zangge Mining Company Limited (SZSE:000408)
Jun 05Here's What To Make Of Zangge Mining's (SZSE:000408) Decelerating Rates Of Return
May 21Zangge Mining's (SZSE:000408) Dividend Will Be CN¥0.80
Apr 17Benign Growth For Zangge Mining Company Limited (SZSE:000408) Underpins Its Share Price
Apr 12Rainbows and Unicorns: Zangge Mining Company Limited (SZSE:000408) Analysts Just Became A Lot More Optimistic
Mar 25Zangge Mining Company Limited (SZSE:000408) Just Recorded An Earnings Miss And Analysts Are Updating Their Numbers
Mar 22Is Now An Opportune Moment To Examine Zangge Mining Company Limited (SZSE:000408)?
Mar 16Financial Position Analysis
Short Term Liabilities: 000408's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥567.4M).
Long Term Liabilities: 000408's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥103.8M).
Debt to Equity History and Analysis
Debt Level: 000408 is debt free.
Reducing Debt: 000408 has no debt compared to 5 years ago when its debt to equity ratio was 6.9%.
Debt Coverage: 000408 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 000408 has no debt, therefore coverage of interest payments is not a concern.