Shandong Gold Mining Balance Sheet Health
Financial Health criteria checks 1/6
Shandong Gold Mining has a total shareholder equity of CN¥55.1B and total debt of CN¥64.8B, which brings its debt-to-equity ratio to 117.7%. Its total assets and total liabilities are CN¥157.9B and CN¥102.8B respectively. Shandong Gold Mining's EBIT is CN¥8.7B making its interest coverage ratio 5.1. It has cash and short-term investments of CN¥15.5B.
Key information
117.7%
Debt to equity ratio
CN¥64.83b
Debt
| Interest coverage ratio | 5.1x |
| Cash | CN¥15.47b |
| Equity | CN¥55.09b |
| Total liabilities | CN¥102.77b |
| Total assets | CN¥157.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600547's short term assets (CN¥30.7B) do not cover its short term liabilities (CN¥61.0B).
Long Term Liabilities: 600547's short term assets (CN¥30.7B) do not cover its long term liabilities (CN¥41.8B).
Debt to Equity History and Analysis
Debt Level: 600547's net debt to equity ratio (89.6%) is considered high.
Reducing Debt: 600547's debt to equity ratio has increased from 38.8% to 117.7% over the past 5 years.
Debt Coverage: 600547's debt is not well covered by operating cash flow (18.9%).
Interest Coverage: 600547's interest payments on its debt are well covered by EBIT (5.1x coverage).