CGN Mining Balance Sheet Health
Financial Health criteria checks 3/6
CGN Mining has a total shareholder equity of HK$3.9B and total debt of HK$1.8B, which brings its debt-to-equity ratio to 45.4%. Its total assets and total liabilities are HK$6.8B and HK$2.9B respectively. CGN Mining's EBIT is HK$66.0M making its interest coverage ratio 0.6. It has cash and short-term investments of HK$1.0B.
Key information
45.4%
Debt to equity ratio
HK$1.76b
Debt
| Interest coverage ratio | 0.6x |
| Cash | HK$1.02b |
| Equity | HK$3.88b |
| Total liabilities | HK$2.87b |
| Total assets | HK$6.75b |
Recent financial health updates
Is CGN Mining (HKG:1164) A Risky Investment?
Dec 24
We Think CGN Mining (HKG:1164) Is Taking Some Risk With Its Debt
Sep 05We Think CGN Mining (HKG:1164) Is Taking Some Risk With Its Debt
Apr 14Is CGN Mining (HKG:1164) Using Too Much Debt?
Oct 31CGN Mining (HKG:1164) Seems To Be Using A Lot Of Debt
Jun 01Here's Why CGN Mining (HKG:1164) Has A Meaningful Debt Burden
Aug 27Recent updates
Why Investors Shouldn't Be Surprised By CGN Mining Company Limited's (HKG:1164) 31% Share Price Surge
Apr 11Estimating The Intrinsic Value Of CGN Mining Company Limited (HKG:1164)
Apr 11Be Wary Of CGN Mining (HKG:1164) And Its Returns On Capital
Feb 26Investors Still Waiting For A Pull Back In CGN Mining Company Limited (HKG:1164)
Feb 04Is CGN Mining (HKG:1164) A Risky Investment?
Dec 24Returns On Capital At CGN Mining (HKG:1164) Paint A Concerning Picture
Oct 24Need To Know: The Consensus Just Cut Its CGN Mining Company Limited (HKG:1164) Estimates For 2023
Sep 22We Think CGN Mining (HKG:1164) Is Taking Some Risk With Its Debt
Sep 05Is Now The Time To Put CGN Mining (HKG:1164) On Your Watchlist?
Jul 27Returns On Capital Signal Tricky Times Ahead For CGN Mining (HKG:1164)
Jun 02Revenue Miss: CGN Mining Company Limited Fell 43% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models
Apr 27We Think CGN Mining (HKG:1164) Is Taking Some Risk With Its Debt
Apr 14The Returns On Capital At CGN Mining (HKG:1164) Don't Inspire Confidence
Feb 23Do CGN Mining's (HKG:1164) Earnings Warrant Your Attention?
Jan 07Estimating The Intrinsic Value Of CGN Mining Company Limited (HKG:1164)
Nov 22Is CGN Mining (HKG:1164) Using Too Much Debt?
Oct 31The Returns On Capital At CGN Mining (HKG:1164) Don't Inspire Confidence
Oct 12With EPS Growth And More, CGN Mining (HKG:1164) Makes An Interesting Case
Sep 10Returns On Capital At CGN Mining (HKG:1164) Paint A Concerning Picture
Jul 01CGN Mining (HKG:1164) Seems To Be Using A Lot Of Debt
Jun 01CGN Mining (HKG:1164) Will Be Hoping To Turn Its Returns On Capital Around
Mar 30Some Investors May Be Worried About CGN Mining's (HKG:1164) Returns On Capital
Oct 18Here's Why CGN Mining (HKG:1164) Has A Meaningful Debt Burden
Aug 27CGN Mining (HKG:1164) Could Be Struggling To Allocate Capital
Jun 13CGN Mining (HKG:1164) Takes On Some Risk With Its Use Of Debt
Apr 10Our Take On The Returns On Capital At CGN Mining (HKG:1164)
Mar 14CGN Mining Company Limited's (HKG:1164) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Feb 21
Is There More To The Story Than CGN Mining's (HKG:1164) Earnings Growth?
Feb 03CGN Mining (HKG:1164) Share Prices Have Dropped 34% In The Last Three Years
Jan 16Here's Why I Think CGN Mining (HKG:1164) Might Deserve Your Attention Today
Dec 29Should We Be Excited About The Trends Of Returns At CGN Mining (HKG:1164)?
Dec 13A Quick Analysis On CGN Mining's (HKG:1164) CEO Compensation
Nov 26Financial Position Analysis
Short Term Liabilities: 1164's short term assets (HK$2.2B) exceed its short term liabilities (HK$1.4B).
Long Term Liabilities: 1164's short term assets (HK$2.2B) exceed its long term liabilities (HK$1.5B).
Debt to Equity History and Analysis
Debt Level: 1164's net debt to equity ratio (19.2%) is considered satisfactory.
Reducing Debt: 1164's debt to equity ratio has increased from 39.9% to 45.4% over the past 5 years.
Debt Coverage: 1164's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1164's interest payments on its debt are not well covered by EBIT (0.6x coverage).