Wanguo International Mining Group Financial Health
How is Wanguo International Mining Group's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 3939's short term assets (CN¥508.2M) do not cover its short term liabilities (CN¥572.8M).
Long Term Liabilities: 3939's short term assets (CN¥508.2M) exceed its long term liabilities (CN¥97.2M).
Debt to Equity History and Analysis
Debt Level: 3939's net debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: 3939's debt to equity ratio has reduced from 39% to 14.5% over the past 5 years.
Debt Coverage: 3939's debt is well covered by operating cash flow (33.3%).
Interest Coverage: 3939's interest payments on its debt are well covered by EBIT (30.9x coverage).