Shanjin International Gold Balance Sheet Health
Financial Health criteria checks 5/6
Shanjin International Gold has a total shareholder equity of CN¥13.9B and total debt of CN¥429.0M, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are CN¥16.4B and CN¥2.5B respectively. Shanjin International Gold's EBIT is CN¥2.4B making its interest coverage ratio -23.8. It has cash and short-term investments of CN¥4.4B.
Key information
3.1%
Debt to equity ratio
CN¥428.97m
Debt
Interest coverage ratio | -23.8x |
Cash | CN¥4.41b |
Equity | CN¥13.89b |
Total liabilities | CN¥2.54b |
Total assets | CN¥16.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000975's short term assets (CN¥6.2B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 000975's short term assets (CN¥6.2B) exceed its long term liabilities (CN¥519.4M).
Debt to Equity History and Analysis
Debt Level: 000975 has more cash than its total debt.
Reducing Debt: 000975's debt to equity ratio has increased from 2.4% to 3.1% over the past 5 years.
Debt Coverage: 000975's debt is well covered by operating cash flow (642.7%).
Interest Coverage: 000975 earns more interest than it pays, so coverage of interest payments is not a concern.