Henan Yuguang Gold&LeadLtd Balance Sheet Health
Financial Health criteria checks 3/6
Henan Yuguang Gold&LeadLtd has a total shareholder equity of CN¥5.3B and total debt of CN¥8.3B, which brings its debt-to-equity ratio to 157.6%. Its total assets and total liabilities are CN¥17.4B and CN¥12.1B respectively. Henan Yuguang Gold&LeadLtd's EBIT is CN¥1.9B making its interest coverage ratio 7.6. It has cash and short-term investments of CN¥2.1B.
Key information
157.6%
Debt to equity ratio
CN¥8.29b
Debt
| Interest coverage ratio | 7.6x |
| Cash | CN¥2.08b |
| Equity | CN¥5.26b |
| Total liabilities | CN¥12.12b |
| Total assets | CN¥17.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600531's short term assets (CN¥13.1B) exceed its short term liabilities (CN¥9.9B).
Long Term Liabilities: 600531's short term assets (CN¥13.1B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: 600531's net debt to equity ratio (118%) is considered high.
Reducing Debt: 600531's debt to equity ratio has increased from 152.1% to 157.6% over the past 5 years.
Debt Coverage: 600531's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: 600531's interest payments on its debt are well covered by EBIT (7.6x coverage).