North Copper Balance Sheet Health
Financial Health criteria checks 4/6
North Copper has a total shareholder equity of CN¥5.2B and total debt of CN¥7.3B, which brings its debt-to-equity ratio to 138.8%. Its total assets and total liabilities are CN¥16.3B and CN¥11.1B respectively. North Copper's EBIT is CN¥1.2B making its interest coverage ratio 4.7. It has cash and short-term investments of CN¥1.3B.
Key information
138.8%
Debt to equity ratio
CN¥7.27b
Debt
| Interest coverage ratio | 4.7x |
| Cash | CN¥1.30b |
| Equity | CN¥5.24b |
| Total liabilities | CN¥11.07b |
| Total assets | CN¥16.31b |
Recent financial health updates
Recent updates
North Copper Co., Ltd. (SZSE:000737) Stock Catapults 36% Though Its Price And Business Still Lag The Market
Oct 08
Investors Don't See Light At End Of North Copper Co., Ltd.'s (SZSE:000737) Tunnel
Aug 06These 4 Measures Indicate That North Copper (SZSE:000737) Is Using Debt Extensively
May 24Concerns Surrounding North Copper's (SZSE:000737) Performance
May 02North Copper Co., Ltd. (SZSE:000737) Looks Just Right With A 41% Price Jump
Apr 25North Copper Co., Ltd. (SZSE:000737) Screens Well But There Might Be A Catch
Feb 28Financial Position Analysis
Short Term Liabilities: 000737's short term assets (CN¥7.5B) exceed its short term liabilities (CN¥4.8B).
Long Term Liabilities: 000737's short term assets (CN¥7.5B) exceed its long term liabilities (CN¥6.3B).
Debt to Equity History and Analysis
Debt Level: 000737's net debt to equity ratio (113.9%) is considered high.
Reducing Debt: 000737's debt to equity ratio has reduced from 160.8% to 138.8% over the past 5 years.
Debt Coverage: 000737's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000737's interest payments on its debt are well covered by EBIT (4.7x coverage).