Changzhou Almaden Balance Sheet Health
Financial Health criteria checks 3/6
Changzhou Almaden has a total shareholder equity of CN¥3.2B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 42.6%. Its total assets and total liabilities are CN¥5.6B and CN¥2.4B respectively.
Key information
42.6%
Debt to equity ratio
CN¥1.34b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.78b |
| Equity | CN¥3.15b |
| Total liabilities | CN¥2.45b |
| Total assets | CN¥5.60b |
Recent financial health updates
No updates
Recent updates
Why We're Not Concerned About Changzhou Almaden Co., Ltd.'s (SZSE:002623) Share Price
Sep 30
Changzhou Almaden (SZSE:002623) Has Announced That It Will Be Increasing Its Dividend To CN¥0.50
May 24Changzhou Almaden's (SZSE:002623) Soft Earnings Are Actually Better Than They Appear
May 03Analysts Just Slashed Their Changzhou Almaden Co., Ltd. (SZSE:002623) EPS Numbers
Apr 30Estimating The Intrinsic Value Of Changzhou Almaden Co., Ltd. (SZSE:002623)
Apr 17After Leaping 31% Changzhou Almaden Co., Ltd. (SZSE:002623) Shares Are Not Flying Under The Radar
Mar 07Financial Position Analysis
Short Term Liabilities: 002623's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 002623's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥741.3M).
Debt to Equity History and Analysis
Debt Level: 002623 has more cash than its total debt.
Reducing Debt: 002623's debt to equity ratio has increased from 38.7% to 42.6% over the past 5 years.
Debt Coverage: 002623's debt is not well covered by operating cash flow (6.3%).
Interest Coverage: Insufficient data to determine if 002623's interest payments on its debt are well covered by EBIT.