Jinchuan Group International Resources Balance Sheet Health
Financial Health criteria checks 3/6
Jinchuan Group International Resources has a total shareholder equity of $1.1B and total debt of $451.5M, which brings its debt-to-equity ratio to 39.3%. Its total assets and total liabilities are $2.2B and $1.0B respectively. Jinchuan Group International Resources's EBIT is $34.5M making its interest coverage ratio 3.8. It has cash and short-term investments of $87.9M.
Key information
39.3%
Debt to equity ratio
US$451.49m
Debt
Interest coverage ratio | 3.8x |
Cash | US$87.87m |
Equity | US$1.15b |
Total liabilities | US$1.02b |
Total assets | US$2.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GDZD's short term assets ($270.6M) exceed its short term liabilities ($253.3M).
Long Term Liabilities: GDZD's short term assets ($270.6M) do not cover its long term liabilities ($767.3M).
Debt to Equity History and Analysis
Debt Level: GDZD's net debt to equity ratio (31.6%) is considered satisfactory.
Reducing Debt: GDZD's debt to equity ratio has reduced from 43% to 39.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if GDZD has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GDZD has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.