Wanguo Gold Group Balance Sheet Health
Financial Health criteria checks 5/6
Wanguo Gold Group has a total shareholder equity of CN¥1.9B and total debt of CN¥311.7M, which brings its debt-to-equity ratio to 16.3%. Its total assets and total liabilities are CN¥2.7B and CN¥788.9M respectively. Wanguo Gold Group's EBIT is CN¥607.1M making its interest coverage ratio 91.7. It has cash and short-term investments of CN¥354.3M.
Key information
16.3%
Debt to equity ratio
CN¥311.70m
Debt
| Interest coverage ratio | 91.7x |
| Cash | CN¥354.29m |
| Equity | CN¥1.92b |
| Total liabilities | CN¥788.88m |
| Total assets | CN¥2.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WI0's short term assets (CN¥981.6M) exceed its short term liabilities (CN¥607.4M).
Long Term Liabilities: WI0's short term assets (CN¥981.6M) exceed its long term liabilities (CN¥181.5M).
Debt to Equity History and Analysis
Debt Level: WI0 has more cash than its total debt.
Reducing Debt: WI0's debt to equity ratio has increased from 13.9% to 16.3% over the past 5 years.
Debt Coverage: WI0's debt is well covered by operating cash flow (126.3%).
Interest Coverage: WI0's interest payments on its debt are well covered by EBIT (91.7x coverage).