China Nonferrous Mining Balance Sheet Health
Financial Health criteria checks 6/6
China Nonferrous Mining has a total shareholder equity of $2.5B and total debt of $177.5M, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are $3.8B and $1.3B respectively. China Nonferrous Mining's EBIT is $666.3M making its interest coverage ratio 32.6. It has cash and short-term investments of $602.4M.
Key information
7.1%
Debt to equity ratio
US$177.49m
Debt
Interest coverage ratio | 32.6x |
Cash | US$602.36m |
Equity | US$2.49b |
Total liabilities | US$1.33b |
Total assets | US$3.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1258's short term assets ($2.1B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: 1258's short term assets ($2.1B) exceed its long term liabilities ($192.9M).
Debt to Equity History and Analysis
Debt Level: 1258 has more cash than its total debt.
Reducing Debt: 1258's debt to equity ratio has reduced from 81.9% to 7.1% over the past 5 years.
Debt Coverage: 1258's debt is well covered by operating cash flow (332%).
Interest Coverage: 1258's interest payments on its debt are well covered by EBIT (32.6x coverage).