CGN Mining Balance Sheet Health
Financial Health criteria checks 2/6
CGN Mining has a total shareholder equity of HK$3.9B and total debt of HK$2.7B, which brings its debt-to-equity ratio to 69.4%. Its total assets and total liabilities are HK$7.7B and HK$3.7B respectively.
Key information
69.4%
Debt to equity ratio
HK$2.74b
Debt
| Interest coverage ratio | n/a |
| Cash | HK$1.14b |
| Equity | HK$3.95b |
| Total liabilities | HK$3.73b |
| Total assets | HK$7.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1164's short term assets (HK$3.4B) exceed its short term liabilities (HK$2.2B).
Long Term Liabilities: 1164's short term assets (HK$3.4B) exceed its long term liabilities (HK$1.5B).
Debt to Equity History and Analysis
Debt Level: 1164's net debt to equity ratio (40.5%) is considered high.
Reducing Debt: 1164's debt to equity ratio has increased from 20.6% to 69.4% over the past 5 years.
Debt Coverage: 1164's debt is not well covered by operating cash flow (7%).
Interest Coverage: Insufficient data to determine if 1164's interest payments on its debt are well covered by EBIT.