Gulf Resources Balance Sheet Health
Financial Health criteria checks 6/6
Gulf Resources has a total shareholder equity of $260.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $278.9M and $18.2M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$103.77m |
Equity | US$260.72m |
Total liabilities | US$18.17m |
Total assets | US$278.89m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: R29B's short term assets ($114.9M) exceed its short term liabilities ($9.9M).
Long Term Liabilities: R29B's short term assets ($114.9M) exceed its long term liabilities ($8.3M).
Debt to Equity History and Analysis
Debt Level: R29B is debt free.
Reducing Debt: R29B has not had any debt for past 5 years.
Debt Coverage: R29B has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: R29B has no debt, therefore coverage of interest payments is not a concern.