Gulf Resources Balance Sheet Health
Financial Health criteria checks 6/6
Gulf Resources has a total shareholder equity of $260.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $278.9M and $18.2M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$103.77m |
| Equity | US$260.72m |
| Total liabilities | US$18.17m |
| Total assets | US$278.89m |
Recent financial health updates
Recent updates
Gulf Resources, Inc. (NASDAQ:GURE) Could Be Riskier Than It Looks
Mar 26
Gulf Resources (NASDAQ:GURE) Is Looking To Continue Growing Its Returns On Capital
Aug 02Returns On Capital At Gulf Resources (NASDAQ:GURE) Have Stalled
Mar 15Gulf Resources' (NASDAQ:GURE) Performance Is Even Better Than Its Earnings Suggest
Nov 25Gulf Resources secures approval to resume production at bromine factory
Aug 24Gulf Resources (NASDAQ:GURE) Could Be At Risk Of Shrinking As A Company
Jul 01Some Investors May Be Worried About Gulf Resources' (NASDAQ:GURE) Returns On Capital
Feb 11We're Not Worried About Gulf Resources' (NASDAQ:GURE) Cash Burn
Oct 12Gulf Resources reports Q3 results
Nov 16Financial Position Analysis
Short Term Liabilities: GURE's short term assets ($114.9M) exceed its short term liabilities ($9.9M).
Long Term Liabilities: GURE's short term assets ($114.9M) exceed its long term liabilities ($8.3M).
Debt to Equity History and Analysis
Debt Level: GURE is debt free.
Reducing Debt: GURE has not had any debt for past 5 years.
Debt Coverage: GURE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GURE has no debt, therefore coverage of interest payments is not a concern.