Tibet Mineral Development Co., LTD

SZSE:000762 Stock Report

Market Cap: CN¥9.9b

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 33.1%. Its total assets and total liabilities are CN¥7.3B and CN¥3.4B respectively. Tibet Mineral Development's EBIT is CN¥337.4M making its interest coverage ratio -41.1. It has cash and short-term investments of CN¥1.4B.

Key information

33.1%

Debt to equity ratio

CN¥1.30b

Debt

Interest coverage ratio-41.1x
CashCN¥1.43b
EquityCN¥3.91b
Total liabilitiesCN¥3.41b
Total assetsCN¥7.32b

Recent financial health updates

Recent updates

Getting In Cheap On Tibet Mineral Development Co., LTD (SZSE:000762) Might Be Difficult

Jul 12
Getting In Cheap On Tibet Mineral Development Co., LTD (SZSE:000762) Might Be Difficult

Is Tibet Mineral Development (SZSE:000762) A Risky Investment?

Jun 06
Is Tibet Mineral Development (SZSE:000762) A Risky Investment?

Tibet Mineral Development's (SZSE:000762) Problems Go Beyond Weak Profit

May 02
Tibet Mineral Development's (SZSE:000762) Problems Go Beyond Weak Profit

Market Might Still Lack Some Conviction On Tibet Mineral Development Co., LTD (SZSE:000762) Even After 29% Share Price Boost

Mar 06
Market Might Still Lack Some Conviction On Tibet Mineral Development Co., LTD (SZSE:000762) Even After 29% Share Price Boost

Financial Position Analysis

Short Term Liabilities: 000762's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥359.3M).

Long Term Liabilities: 000762's short term assets (CN¥1.8B) do not cover its long term liabilities (CN¥3.0B).


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 7.9% to 33.1% over the past 5 years.

Debt Coverage: 000762's debt is well covered by operating cash flow (37.2%).

Interest Coverage: 000762 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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