JCHX Mining ManagementLtd Balance Sheet Health
Financial Health criteria checks 5/6
JCHX Mining ManagementLtd has a total shareholder equity of CN¥8.5B and total debt of CN¥4.3B, which brings its debt-to-equity ratio to 50.5%. Its total assets and total liabilities are CN¥16.1B and CN¥7.6B respectively. JCHX Mining ManagementLtd's EBIT is CN¥2.1B making its interest coverage ratio 13.5. It has cash and short-term investments of CN¥2.2B.
Key information
50.5%
Debt to equity ratio
CN¥4.29b
Debt
| Interest coverage ratio | 13.5x |
| Cash | CN¥2.19b |
| Equity | CN¥8.51b |
| Total liabilities | CN¥7.61b |
| Total assets | CN¥16.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603979's short term assets (CN¥7.9B) exceed its short term liabilities (CN¥4.9B).
Long Term Liabilities: 603979's short term assets (CN¥7.9B) exceed its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: 603979's net debt to equity ratio (24.7%) is considered satisfactory.
Reducing Debt: 603979's debt to equity ratio has increased from 25.5% to 50.5% over the past 5 years.
Debt Coverage: 603979's debt is well covered by operating cash flow (44.2%).
Interest Coverage: 603979's interest payments on its debt are well covered by EBIT (13.5x coverage).