Hunan Gold Balance Sheet Health
Financial Health criteria checks 6/6
Hunan Gold has a total shareholder equity of CN¥6.8B and total debt of CN¥30.1M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CN¥8.1B and CN¥1.3B respectively. Hunan Gold's EBIT is CN¥967.4M making its interest coverage ratio -174.5. It has cash and short-term investments of CN¥805.2M.
Key information
0.4%
Debt to equity ratio
CN¥30.06m
Debt
| Interest coverage ratio | -174.5x |
| Cash | CN¥805.24m |
| Equity | CN¥6.80b |
| Total liabilities | CN¥1.28b |
| Total assets | CN¥8.09b |
Recent financial health updates
Is Hunan Gold (SZSE:002155) A Risky Investment?
Nov 13
Is Hunan Gold (SZSE:002155) Using Too Much Debt?
Jun 25These 4 Measures Indicate That Hunan Gold (SZSE:002155) Is Using Debt Safely
Mar 21Recent updates
Is Hunan Gold (SZSE:002155) A Risky Investment?
Nov 13Returns At Hunan Gold (SZSE:002155) Are On The Way Up
Oct 21Hunan Gold Corporation Limited's (SZSE:002155) Subdued P/E Might Signal An Opportunity
Oct 05Do Hunan Gold's (SZSE:002155) Earnings Warrant Your Attention?
Jul 15Is Hunan Gold (SZSE:002155) Using Too Much Debt?
Jun 25Hunan Gold (SZSE:002155) Has Announced That It Will Be Increasing Its Dividend To CN¥0.13
Jun 07Slowing Rates Of Return At Hunan Gold (SZSE:002155) Leave Little Room For Excitement
May 27Market Participants Recognise Hunan Gold Corporation Limited's (SZSE:002155) Earnings Pushing Shares 31% Higher
Apr 26These 4 Measures Indicate That Hunan Gold (SZSE:002155) Is Using Debt Safely
Mar 21Financial Position Analysis
Short Term Liabilities: 002155's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 002155's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥228.3M).
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 13.9% to 0.4% over the past 5 years.
Debt Coverage: 002155's debt is well covered by operating cash flow (2912%).
Interest Coverage: 002155 earns more interest than it pays, so coverage of interest payments is not a concern.