Jinchuan Group International Resources Balance Sheet Health
Financial Health criteria checks 3/6
Jinchuan Group International Resources has a total shareholder equity of $1.1B and total debt of $457.3M, which brings its debt-to-equity ratio to 39.8%. Its total assets and total liabilities are $2.2B and $1.0B respectively. Jinchuan Group International Resources's EBIT is $34.5M making its interest coverage ratio 3.8. It has cash and short-term investments of $88.1M.
Key information
39.8%
Debt to equity ratio
US$457.30m
Debt
Interest coverage ratio | 3.8x |
Cash | US$88.05m |
Equity | US$1.15b |
Total liabilities | US$1.02b |
Total assets | US$2.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2362's short term assets ($270.6M) exceed its short term liabilities ($253.3M).
Long Term Liabilities: 2362's short term assets ($270.6M) do not cover its long term liabilities ($767.3M).
Debt to Equity History and Analysis
Debt Level: 2362's net debt to equity ratio (32.1%) is considered satisfactory.
Reducing Debt: 2362's debt to equity ratio has reduced from 43% to 39.8% 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: 2362 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 2362 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 28.8% each year