Ningxia Orient Tantalum Industry Balance Sheet Health
Financial Health criteria checks 6/6
Ningxia Orient Tantalum Industry has a total shareholder equity of CN¥2.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.9B and CN¥403.1M respectively. Ningxia Orient Tantalum Industry's EBIT is CN¥88.8M making its interest coverage ratio -1.1. It has cash and short-term investments of CN¥662.9M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -1.1x |
| Cash | CN¥662.93m |
| Equity | CN¥2.46b |
| Total liabilities | CN¥403.05m |
| Total assets | CN¥2.87b |
Recent financial health updates
No updates
Recent updates
Ningxia Orient Tantalum Industry (SZSE:000962) Has More To Do To Multiply In Value Going Forward
May 27
There Are Some Holes In Ningxia Orient Tantalum Industry's (SZSE:000962) Solid Earnings Release
Apr 08There's Reason For Concern Over Ningxia Orient Tantalum Industry Co., Ltd.'s (SZSE:000962) Massive 30% Price Jump
Mar 06Financial Position Analysis
Short Term Liabilities: 000962's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥335.5M).
Long Term Liabilities: 000962's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥67.6M).
Debt to Equity History and Analysis
Debt Level: 000962 is debt free.
Reducing Debt: 000962 has no debt compared to 5 years ago when its debt to equity ratio was 36.5%.
Debt Coverage: 000962 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 000962 has no debt, therefore coverage of interest payments is not a concern.