Mongolian Mining Balance Sheet Health
Financial Health criteria checks 5/6
Mongolian Mining has a total shareholder equity of $1.2B and total debt of $214.0M, which brings its debt-to-equity ratio to 18.3%. Its total assets and total liabilities are $2.0B and $838.6M respectively. Mongolian Mining's EBIT is $385.7M making its interest coverage ratio 11.7. It has cash and short-term investments of $175.8M.
Key information
18.3%
Debt to equity ratio
US$213.99m
Debt
| Interest coverage ratio | 11.7x |
| Cash | US$175.80m |
| Equity | US$1.17b |
| Total liabilities | US$838.58m |
| Total assets | US$2.01b |
Recent financial health updates
Mongolian Mining (HKG:975) Seems To Use Debt Quite Sensibly
Oct 02
Mongolian Mining (HKG:975) Takes On Some Risk With Its Use Of Debt
Apr 03Mongolian Mining (HKG:975) Has A Somewhat Strained Balance Sheet
Oct 08Is Mongolian Mining (HKG:975) Using Too Much Debt?
Mar 17Recent updates
Mongolian Mining Corporation (HKG:975) Soars 34% But It's A Story Of Risk Vs Reward
Apr 17Under The Bonnet, Mongolian Mining's (HKG:975) Returns Look Impressive
Mar 24Investors Appear Satisfied With Mongolian Mining Corporation's (HKG:975) Prospects As Shares Rocket 38%
Feb 16The Market Lifts Mongolian Mining Corporation (HKG:975) Shares 28% But It Can Do More
Dec 18Under The Bonnet, Mongolian Mining's (HKG:975) Returns Look Impressive
Dec 07Mongolian Mining (HKG:975) Seems To Use Debt Quite Sensibly
Oct 02Investors Shouldn't Overlook Mongolian Mining's (HKG:975) Impressive Returns On Capital
Sep 06Some Investors May Be Worried About Mongolian Mining's (HKG:975) Returns On Capital
May 31Mongolian Mining (HKG:975) Takes On Some Risk With Its Use Of Debt
Apr 03Calculating The Intrinsic Value Of Mongolian Mining Corporation (HKG:975)
Jan 30Returns At Mongolian Mining (HKG:975) Are On The Way Up
Feb 07Mongolian Mining (HKG:975) Has A Somewhat Strained Balance Sheet
Oct 08Mongolian Mining (HKG:975) Shareholders Will Want The ROCE Trajectory To Continue
Sep 07Shareholders Will Probably Hold Off On Increasing Mongolian Mining Corporation's (HKG:975) CEO Compensation For The Time Being
Jun 09Mongolian Mining's (HKG:975) Returns On Capital Are Heading Higher
May 25Is Mongolian Mining (HKG:975) Using Too Much Debt?
Mar 17Is There More Growth In Store For Mongolian Mining's (HKG:975) Returns On Capital?
Feb 16
Can You Imagine How Jubilant Mongolian Mining's (HKG:975) Shareholders Feel About Its 282% Share Price Gain?
Jan 20Do Institutions Own Mongolian Mining Corporation (HKG:975) Shares?
Dec 23What Can We Make Of Mongolian Mining's (HKG:975) CEO Compensation?
Dec 01Financial Position Analysis
Short Term Liabilities: 975's short term assets ($419.9M) do not cover its short term liabilities ($433.4M).
Long Term Liabilities: 975's short term assets ($419.9M) exceed its long term liabilities ($405.1M).
Debt to Equity History and Analysis
Debt Level: 975's net debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: 975's debt to equity ratio has reduced from 58.3% to 18.3% over the past 5 years.
Debt Coverage: 975's debt is well covered by operating cash flow (225.2%).
Interest Coverage: 975's interest payments on its debt are well covered by EBIT (11.7x coverage).