Zhongjin Gold (600489.SS) Debt Metrics
Market Cap: $67.72B
Avg Volume: 62.38M
Industry: Gold
Sector: Basic Materials
How much debt does Zhongjin Gold have?
According to Zhongjin Gold 's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Zhongjin Gold 's total debt stands at $13.88B. This is broken down into:
- Long-term debt: $5.37B
- Short-term debt: $8.50B
The company's net debt, which accounts for cash and cash equivalents, is $5.56B. In terms of overall financial obligations, Zhongjin Gold 's total liabilities amount to $21.94B.
Debt Ratios and Metrics
To better understand Zhongjin Gold 's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.54 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 26.35% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 7.71 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 17.16% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 34.88% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Zhongjin Gold 's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$13.88B
Long-term Debt
$5.37B
Short-term Debt
$8.50B
Net Debt
$5.56B
Total Liabilities
$21.94B
Interest Coverage
7.71
Debt to Equity Ratio
0.54
Debt Ratio
26.35%
Zhongjin Gold Historical Debt Metrics
Zhongjin Gold Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2023.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $13.88B | $5.37B | $8.50B | $5.56B | $21.94B | 0.54 | 26.35% | 7.71 | 17.16% | 34.88% |
| 2022 | $13.96B | $7.65B | $8.63B | $4.10B | $20.64B | 0.54 | 28.71% | 6.47 | 22.80% | 35.05% |
| 2021 | $14.37B | $4.00B | $10.37B | $6.84B | $20.71B | 0.58 | 30.17% | 5.00 | 13.85% | 36.65% |
| 2020 | $13.48B | $4.01B | $9.48B | $7.87B | $20.28B | 0.58 | 29.44% | 4.29 | 14.59% | 36.54% |
| 2019 | $13.63B | $2.58B | $11.54B | $9.26B | $20.12B | 0.99 | 34.04% | 3.56 | 15.44% | 49.82% |
| 2018 | $11.08B | $3.19B | $8.01B | $7.44B | $18.73B | 0.81 | 29.13% | 0.85 | 18.39% | 44.86% |
| 2017 | $15.88B | $5.92B | $7.34B | $12.59B | $22.87B | 1.18 | 41.22% | 0.98 | 29.95% | 54.13% |
| 2016 | $13.76B | $7.43B | $6.10B | $10.76B | $23.48B | 1.04 | 35.51% | 1.10 | 35.93% | 50.95% |
| 2015 | $14.97B | $7.49B | $7.50B | $12.44B | $24.89B | 1.52 | 40.69% | 0.57 | 43.08% | 60.26% |
| 2014 | $8.56B | $6.17B | $2.35B | $6.88B | $15.60B | 0.86 | 30.96% | 1.49 | 38.32% | 46.29% |
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