Hunan Gold Balance Sheet Health
Financial Health criteria checks 6/6
Hunan Gold has a total shareholder equity of CN¥6.3B and total debt of CN¥84.0M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are CN¥7.6B and CN¥1.3B respectively. Hunan Gold's EBIT is CN¥605.1M making its interest coverage ratio 1039.5. It has cash and short-term investments of CN¥838.6M.
Key information
1.3%
Debt to equity ratio
CN¥83.99m
Debt
| Interest coverage ratio | 1039.5x |
| Cash | CN¥838.56m |
| Equity | CN¥6.29b |
| Total liabilities | CN¥1.29b |
| Total assets | CN¥7.59b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 002155's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 002155's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥201.9M).
Debt to Equity History and Analysis
Debt Level: 002155 has more cash than its total debt.
Reducing Debt: 002155's debt to equity ratio has reduced from 15.3% to 1.3% over the past 5 years.
Debt Coverage: 002155's debt is well covered by operating cash flow (1186.6%).
Interest Coverage: 002155's interest payments on its debt are well covered by EBIT (1039.5x coverage).