China Nonferrous Mining Balance Sheet Health
Financial Health criteria checks 6/6
China Nonferrous Mining has a total shareholder equity of $2.8B and total debt of $160.7M, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are $4.2B and $1.4B respectively. China Nonferrous Mining's EBIT is $702.0M making its interest coverage ratio 91.9. It has cash and short-term investments of $1.0B.
Key information
5.8%
Debt to equity ratio
US$160.67m
Debt
| Interest coverage ratio | 91.9x |
| Cash | US$1.04b |
| Equity | US$2.79b |
| Total liabilities | US$1.40b |
| Total assets | US$4.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3N4's short term assets ($2.4B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: 3N4's short term assets ($2.4B) exceed its long term liabilities ($219.9M).
Debt to Equity History and Analysis
Debt Level: 3N4 has more cash than its total debt.
Reducing Debt: 3N4's debt to equity ratio has reduced from 88.9% to 5.8% over the past 5 years.
Debt Coverage: 3N4's debt is well covered by operating cash flow (335.1%).
Interest Coverage: 3N4's interest payments on its debt are well covered by EBIT (91.9x coverage).