Golden Resources Development International Balance Sheet Health
Financial Health criteria checks 5/6
Golden Resources Development International has a total shareholder equity of HK$1.3B and total debt of HK$6.0M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are HK$2.1B and HK$750.5M respectively. Golden Resources Development International's EBIT is HK$133.8M making its interest coverage ratio 8.4. It has cash and short-term investments of HK$431.2M.
Key information
0.5%
Debt to equity ratio
HK$6.01m
Debt
| Interest coverage ratio | 8.4x |
| Cash | HK$431.22m |
| Equity | HK$1.30b |
| Total liabilities | HK$750.54m |
| Total assets | HK$2.05b |
Recent financial health updates
Recent updates
Golden Resources Development International (HKG:677) Is Increasing Its Dividend To HK$0.0145
Aug 28
Golden Resources Development International (HKG:677) Is Paying Out A Larger Dividend Than Last Year
Jul 25Calculating The Fair Value Of Golden Resources Development International Limited (HKG:677)
Jun 20Returns On Capital Are Showing Encouraging Signs At Golden Resources Development International (HKG:677)
Apr 03These 4 Measures Indicate That Golden Resources Development International (HKG:677) Is Using Debt Safely
Mar 08A Look At The Intrinsic Value Of Golden Resources Development International Limited (HKG:677)
Jan 28Golden Resources Development International (HKG:677) Has Affirmed Its Dividend Of HK$0.012
Jul 28Golden Resources Development International (HKG:677) Has Affirmed Its Dividend Of HK$0.012
Jul 14Golden Resources Development International (HKG:677) Has Re-Affirmed Its Dividend Of HK$0.012
Jun 30Golden Resources Development International (HKG:677) Will Pay A Larger Dividend Than Last Year At HK$0.012
Dec 01Here's Why Shareholders May Want To Be Cautious With Increasing Golden Resources Development International Limited's (HKG:677) CEO Pay Packet
Aug 23Golden Resources Development International (HKG:677) Is Doing The Right Things To Multiply Its Share Price
Apr 05How Many Golden Resources Development International Limited (HKG:677) Shares Did Insiders Buy, In The Last Year?
Mar 16Is Golden Resources Development International Limited (HKG:677) A Smart Pick For Income Investors?
Feb 22What Is The Ownership Structure Like For Golden Resources Development International Limited (HKG:677)?
Feb 02
Does Golden Resources Development International's (HKG:677) CEO Salary Compare Well With The Performance Of The Company?
Jan 15Shareholders Of Golden Resources Development International (HKG:677) Must Be Happy With Their 64% Return
Dec 28Kwing Chee Lam Is The Chairman of the Board of Golden Resources Development International Limited (HKG:677) And Just Spent HK$58k On Shares
Dec 08We Wouldn't Be Too Quick To Buy Golden Resources Development International Limited (HKG:677) Before It Goes Ex-Dividend
Dec 05Does Golden Resources Development International (HKG:677) Have The Makings Of A Multi-Bagger?
Nov 30Financial Position Analysis
Short Term Liabilities: 677's short term assets (HK$805.6M) exceed its short term liabilities (HK$451.3M).
Long Term Liabilities: 677's short term assets (HK$805.6M) exceed its long term liabilities (HK$299.2M).
Debt to Equity History and Analysis
Debt Level: 677 has more cash than its total debt.
Reducing Debt: 677's debt to equity ratio has increased from 0% to 0.5% over the past 5 years.
Debt Coverage: 677's debt is well covered by operating cash flow (6292.2%).
Interest Coverage: 677's interest payments on its debt are well covered by EBIT (8.4x coverage).