Baoji Titanium Industry Balance Sheet Health
Financial Health criteria checks 5/6
Baoji Titanium Industry has a total shareholder equity of CN¥7.1B and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 31.2%. Its total assets and total liabilities are CN¥12.5B and CN¥5.3B respectively. Baoji Titanium Industry's EBIT is CN¥706.4M making its interest coverage ratio 13.3. It has cash and short-term investments of CN¥926.1M.
Key information
31.2%
Debt to equity ratio
CN¥2.23b
Debt
Interest coverage ratio | 13.3x |
Cash | CN¥926.12m |
Equity | CN¥7.14b |
Total liabilities | CN¥5.35b |
Total assets | CN¥12.49b |
Recent financial health updates
Recent updates
Does This Valuation Of Baoji Titanium Industry Co., Ltd. (SHSE:600456) Imply Investors Are Overpaying?
Apr 25Baoji Titanium Industry's (SHSE:600456) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Apr 08These Analysts Just Made A Massive Downgrade To Their Baoji Titanium Industry Co., Ltd. (SHSE:600456) EPS Forecasts
Apr 03Baoji Titanium Industry (SHSE:600456) Has A Pretty Healthy Balance Sheet
Mar 13Financial Position Analysis
Short Term Liabilities: 600456's short term assets (CN¥8.7B) exceed its short term liabilities (CN¥3.7B).
Long Term Liabilities: 600456's short term assets (CN¥8.7B) exceed its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 600456's net debt to equity ratio (18.3%) is considered satisfactory.
Reducing Debt: 600456's debt to equity ratio has reduced from 70.6% to 31.2% over the past 5 years.
Debt Coverage: 600456's debt is not well covered by operating cash flow (6.7%).
Interest Coverage: 600456's interest payments on its debt are well covered by EBIT (13.3x coverage).