Sichuan Rongda Gold Balance Sheet Health
Financial Health criteria checks 5/6
Sichuan Rongda Gold has a total shareholder equity of CN¥1.4B and total debt of CN¥44.2M, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are CN¥1.9B and CN¥462.4M respectively. Sichuan Rongda Gold's EBIT is CN¥261.8M making its interest coverage ratio 57.7. It has cash and short-term investments of CN¥754.3M.
Key information
3.1%
Debt to equity ratio
CN¥44.17m
Debt
Interest coverage ratio | 57.7x |
Cash | CN¥754.29m |
Equity | CN¥1.44b |
Total liabilities | CN¥462.36m |
Total assets | CN¥1.90b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 001337's short term assets (CN¥819.2M) exceed its short term liabilities (CN¥185.2M).
Long Term Liabilities: 001337's short term assets (CN¥819.2M) exceed its long term liabilities (CN¥277.2M).
Debt to Equity History and Analysis
Debt Level: 001337 has more cash than its total debt.
Reducing Debt: 001337's debt to equity ratio has increased from 0% to 3.1% over the past 5 years.
Debt Coverage: 001337's debt is well covered by operating cash flow (719.6%).
Interest Coverage: 001337's interest payments on its debt are well covered by EBIT (57.7x coverage).