China Gold International Resources Balance Sheet Health
Financial Health criteria checks 3/6
China Gold International Resources has a total shareholder equity of $1.7B and total debt of $766.5M, which brings its debt-to-equity ratio to 44.4%. Its total assets and total liabilities are $2.8B and $1.1B respectively. China Gold International Resources's EBIT is $28.2M making its interest coverage ratio 1.7. It has cash and short-term investments of $97.2M.
Key information
44.4%
Debt to equity ratio
US$766.47m
Debt
Interest coverage ratio | 1.7x |
Cash | US$97.24m |
Equity | US$1.73b |
Total liabilities | US$1.11b |
Total assets | US$2.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2099's short term assets ($476.2M) exceed its short term liabilities ($305.4M).
Long Term Liabilities: 2099's short term assets ($476.2M) do not cover its long term liabilities ($801.6M).
Debt to Equity History and Analysis
Debt Level: 2099's net debt to equity ratio (38.7%) is considered satisfactory.
Reducing Debt: 2099's debt to equity ratio has reduced from 83.2% to 44.4% over the past 5 years.
Debt Coverage: 2099's debt is not well covered by operating cash flow (0.2%).
Interest Coverage: 2099's interest payments on its debt are not well covered by EBIT (1.7x coverage).