Jinchuan Group International Resources Balance Sheet Health
Financial Health criteria checks 3/6
Jinchuan Group International Resources has a total shareholder equity of $1.2B and total debt of $552.5M, which brings its debt-to-equity ratio to 47.7%. Its total assets and total liabilities are $2.3B and $1.1B respectively. Jinchuan Group International Resources's EBIT is $48.4M making its interest coverage ratio 4.1. It has cash and short-term investments of $109.0M.
Key information
47.7%
Debt to equity ratio
US$552.48m
Debt
| Interest coverage ratio | 4.1x |
| Cash | US$108.98m |
| Equity | US$1.16b |
| Total liabilities | US$1.14b |
| Total assets | US$2.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2362's short term assets ($315.5M) exceed its short term liabilities ($309.2M).
Long Term Liabilities: 2362's short term assets ($315.5M) do not cover its long term liabilities ($827.7M).
Debt to Equity History and Analysis
Debt Level: 2362's net debt to equity ratio (38.3%) is considered satisfactory.
Reducing Debt: 2362's debt to equity ratio has increased from 40.9% to 47.7% over the past 5 years.
Debt Coverage: 2362's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: 2362's interest payments on its debt are well covered by EBIT (4.1x coverage).