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
No updates
Recent updates
Financial 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.