Baoji Titanium Industry Balance Sheet Health
Financial Health criteria checks 5/6
Baoji Titanium Industry has a total shareholder equity of CN¥7.3B and total debt of CN¥2.3B, which brings its debt-to-equity ratio to 31.1%. Its total assets and total liabilities are CN¥12.9B and CN¥5.6B respectively. Baoji Titanium Industry's EBIT is CN¥667.1M making its interest coverage ratio 13.7. It has cash and short-term investments of CN¥919.6M.
Key information
31.1%
Debt to equity ratio
CN¥2.27b
Debt
| Interest coverage ratio | 13.7x |
| Cash | CN¥919.62m |
| Equity | CN¥7.30b |
| Total liabilities | CN¥5.58b |
| Total assets | CN¥12.88b |
Recent financial health updates
Baoji Titanium Industry (SHSE:600456) Seems To Use Debt Quite Sensibly
Jul 18
Baoji Titanium Industry (SHSE:600456) Has A Pretty Healthy Balance Sheet
Mar 13Recent updates
Baoji Titanium Industry (SHSE:600456) Seems To Use Debt Quite Sensibly
Jul 18Why Investors Shouldn't Be Surprised By Baoji Titanium Industry Co., Ltd.'s (SHSE:600456) Low P/E
May 25Does 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¥8.9B) exceed its short term liabilities (CN¥4.1B).
Long Term Liabilities: 600456's short term assets (CN¥8.9B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 600456's net debt to equity ratio (18.5%) is considered satisfactory.
Reducing Debt: 600456's debt to equity ratio has reduced from 72.4% to 31.1% over the past 5 years.
Debt Coverage: 600456's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: 600456's interest payments on its debt are well covered by EBIT (13.7x coverage).