Wolong Resources Group Balance Sheet Health
Financial Health criteria checks 5/6
Wolong Resources Group has a total shareholder equity of CN¥3.8B and total debt of CN¥434.5M, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are CN¥6.3B and CN¥2.5B respectively. Wolong Resources Group's EBIT is CN¥205.9M making its interest coverage ratio -49.6. It has cash and short-term investments of CN¥520.2M.
Key information
11.3%
Debt to equity ratio
CN¥434.45m
Debt
| Interest coverage ratio | -49.6x |
| Cash | CN¥520.24m |
| Equity | CN¥3.83b |
| Total liabilities | CN¥2.48b |
| Total assets | CN¥6.32b |
Recent financial health updates
No updates
Recent updates
Investors Don't See Light At End Of Wolong Resources Group Co., Ltd.'s (SHSE:600173) Tunnel And Push Stock Down 27%
Jun 20
Some Investors May Be Willing To Look Past Wolong Resources Group's (SHSE:600173) Soft Earnings
Apr 30Wolong Resources Group Co., Ltd.'s (SHSE:600173) Price Is Right But Growth Is Lacking After Shares Rocket 25%
Apr 08Financial Position Analysis
Short Term Liabilities: 600173's short term assets (CN¥4.7B) exceed its short term liabilities (CN¥2.4B).
Long Term Liabilities: 600173's short term assets (CN¥4.7B) exceed its long term liabilities (CN¥104.4M).
Debt to Equity History and Analysis
Debt Level: 600173 has more cash than its total debt.
Reducing Debt: 600173's debt to equity ratio has reduced from 15.9% to 11.3% over the past 5 years.
Debt Coverage: 600173's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600173 earns more interest than it pays, so coverage of interest payments is not a concern.