China Daye Non-Ferrous Metals Mining Balance Sheet Health
Financial Health criteria checks 3/6
China Daye Non-Ferrous Metals Mining has a total shareholder equity of CN¥4.7B and total debt of CN¥15.5B, which brings its debt-to-equity ratio to 332.4%. Its total assets and total liabilities are CN¥26.1B and CN¥21.4B respectively. China Daye Non-Ferrous Metals Mining's EBIT is CN¥750.9M making its interest coverage ratio 1.4. It has cash and short-term investments of CN¥991.9M.
Key information
332.4%
Debt to equity ratio
CN¥15.55b
Debt
| Interest coverage ratio | 1.4x |
| Cash | CN¥991.88m |
| Equity | CN¥4.68b |
| Total liabilities | CN¥21.44b |
| Total assets | CN¥26.11b |
Recent financial health updates
Here's Why China Daye Non-Ferrous Metals Mining (HKG:661) Has A Meaningful Debt Burden
Apr 19
Is China Daye Non-Ferrous Metals Mining (HKG:661) A Risky Investment?
Sep 22Does China Daye Non-Ferrous Metals Mining (HKG:661) Have A Healthy Balance Sheet?
May 12Recent updates
Subdued Growth No Barrier To China Daye Non-Ferrous Metals Mining Limited (HKG:661) With Shares Advancing 31%
Mar 10China Daye Non-Ferrous Metals Mining's (HKG:661) Returns Have Hit A Wall
Dec 20Some Investors May Be Worried About China Daye Non-Ferrous Metals Mining's (HKG:661) Returns On Capital
Jul 06The Return Trends At China Daye Non-Ferrous Metals Mining (HKG:661) Look Promising
Mar 17China Daye Non-Ferrous Metals Mining (HKG:661) Is Doing The Right Things To Multiply Its Share Price
Aug 26Here's Why China Daye Non-Ferrous Metals Mining (HKG:661) Has A Meaningful Debt Burden
Apr 19China Daye Non-Ferrous Metals Mining (HKG:661) Is Experiencing Growth In Returns On Capital
Mar 15Do China Daye Non-Ferrous Metals Mining's (HKG:661) Earnings Warrant Your Attention?
Feb 10Returns On Capital Are Showing Encouraging Signs At China Daye Non-Ferrous Metals Mining (HKG:661)
Oct 19Is China Daye Non-Ferrous Metals Mining (HKG:661) A Risky Investment?
Sep 22Does China Daye Non-Ferrous Metals Mining (HKG:661) Deserve A Spot On Your Watchlist?
Aug 31There's Been No Shortage Of Growth Recently For China Daye Non-Ferrous Metals Mining's (HKG:661) Returns On Capital
Jul 12Does China Daye Non-Ferrous Metals Mining (HKG:661) Have A Healthy Balance Sheet?
May 12China Daye Non-Ferrous Metals Mining Limited (HKG:661) Held Back By Insufficient Growth Even After Shares Climb 29%
Apr 24Here's Why I Think China Daye Non-Ferrous Metals Mining (HKG:661) Is An Interesting Stock
Apr 01Should You Use China Daye Non-Ferrous Metals Mining's (HKG:661) Statutory Earnings To Analyse It?
Feb 16Introducing China Daye Non-Ferrous Metals Mining (HKG:661), A Stock That Climbed 68% In The Last Year
Dec 29
Can China Daye Non-Ferrous Metals Mining (HKG:661) Continue To Grow Its Returns On Capital?
Dec 08Financial Position Analysis
Short Term Liabilities: 661's short term assets (CN¥15.1B) exceed its short term liabilities (CN¥12.7B).
Long Term Liabilities: 661's short term assets (CN¥15.1B) exceed its long term liabilities (CN¥8.7B).
Debt to Equity History and Analysis
Debt Level: 661's net debt to equity ratio (311.2%) is considered high.
Reducing Debt: 661's debt to equity ratio has reduced from 455.3% to 332.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 661 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 661 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.