Pangang Group Vanadium & Titanium Resources Balance Sheet Health
Financial Health criteria checks 6/6
Pangang Group Vanadium & Titanium Resources has a total shareholder equity of CN¥12.6B and total debt of CN¥109.1M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are CN¥15.3B and CN¥2.7B respectively. Pangang Group Vanadium & Titanium Resources's EBIT is CN¥816.9M making its interest coverage ratio -12.5. It has cash and short-term investments of CN¥1.1B.
Key information
0.9%
Debt to equity ratio
CN¥109.09m
Debt
Interest coverage ratio | -12.5x |
Cash | CN¥1.07b |
Equity | CN¥12.63b |
Total liabilities | CN¥2.66b |
Total assets | CN¥15.29b |
Recent financial health updates
Here's Why Pangang Group Vanadium & Titanium Resources (SZSE:000629) Can Manage Its Debt Responsibly
Aug 19These 4 Measures Indicate That Pangang Group Vanadium & Titanium Resources (SZSE:000629) Is Using Debt Reasonably Well
Apr 29Recent updates
Here's Why Pangang Group Vanadium & Titanium Resources (SZSE:000629) Can Manage Its Debt Responsibly
Aug 19Earnings Not Telling The Story For Pangang Group Vanadium & Titanium Resources Co., Ltd. (SZSE:000629)
Jul 23These 4 Measures Indicate That Pangang Group Vanadium & Titanium Resources (SZSE:000629) Is Using Debt Reasonably Well
Apr 29Pangang Group Vanadium & Titanium Resources' (SZSE:000629) Problems Go Beyond Weak Profit
Apr 01These Analysts Just Made A Meaningful Downgrade To Their Pangang Group Vanadium & Titanium Resources Co., Ltd. (SZSE:000629) EPS Forecasts
Mar 31Pangang Group Vanadium & Titanium Resources Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Mar 29Sentiment Still Eluding Pangang Group Vanadium & Titanium Resources Co., Ltd. (SZSE:000629)
Mar 21Financial Position Analysis
Short Term Liabilities: 000629's short term assets (CN¥6.4B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 000629's short term assets (CN¥6.4B) exceed its long term liabilities (CN¥632.1M).
Debt to Equity History and Analysis
Debt Level: 000629 has more cash than its total debt.
Reducing Debt: 000629's debt to equity ratio has reduced from 16.9% to 0.9% over the past 5 years.
Debt Coverage: 000629's debt is well covered by operating cash flow (370.7%).
Interest Coverage: 000629 earns more interest than it pays, so coverage of interest payments is not a concern.