Tibet Mineral Development Balance Sheet Health
Financial Health criteria checks 4/6
Tibet Mineral Development has a total shareholder equity of CN¥3.9B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 32.8%. Its total assets and total liabilities are CN¥7.3B and CN¥3.3B respectively. Tibet Mineral Development's EBIT is CN¥191.1M making its interest coverage ratio -14.1. It has cash and short-term investments of CN¥1.4B.
Key information
32.8%
Debt to equity ratio
CN¥1.29b
Debt
| Interest coverage ratio | -14.1x |
| Cash | CN¥1.43b |
| Equity | CN¥3.94b |
| Total liabilities | CN¥3.32b |
| Total assets | CN¥7.26b |
Recent financial health updates
We Think Tibet Mineral Development (SZSE:000762) Is Taking Some Risk With Its Debt
Nov 21
Is Tibet Mineral Development (SZSE:000762) A Risky Investment?
Jun 06Recent updates
We Think Tibet Mineral Development (SZSE:000762) Is Taking Some Risk With Its Debt
Nov 21Tibet Mineral Development Co., LTD's (SZSE:000762) P/E Is Still On The Mark Following 40% Share Price Bounce
Oct 08Getting In Cheap On Tibet Mineral Development Co., LTD (SZSE:000762) Might Be Difficult
Jul 12Is Tibet Mineral Development (SZSE:000762) A Risky Investment?
Jun 06Tibet Mineral Development's (SZSE:000762) Problems Go Beyond Weak Profit
May 02Market Might Still Lack Some Conviction On Tibet Mineral Development Co., LTD (SZSE:000762) Even After 29% Share Price Boost
Mar 06Financial Position Analysis
Short Term Liabilities: 000762's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥269.1M).
Long Term Liabilities: 000762's short term assets (CN¥1.6B) do not cover its long term liabilities (CN¥3.1B).
Debt to Equity History and Analysis
Debt Level: 000762 has more cash than its total debt.
Reducing Debt: 000762's debt to equity ratio has increased from 8% to 32.8% over the past 5 years.
Debt Coverage: 000762's debt is well covered by operating cash flow (31.5%).
Interest Coverage: 000762 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 08:58 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tibet Mineral Development Co., LTD is covered by 8 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Qi Ding | China International Capital Corporation Limited |
| Weijie Liu | China Merchants Securities Co. Ltd. |
| Yijie Wu | Haitong International Research Limited |