Anhui Annada Titanium Industry Balance Sheet Health
Financial Health criteria checks 6/6
Anhui Annada Titanium Industry has a total shareholder equity of CN¥1.4B and total debt of CN¥51.5M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are CN¥2.0B and CN¥599.7M respectively. Anhui Annada Titanium Industry's EBIT is CN¥60.5M making its interest coverage ratio 638.5. It has cash and short-term investments of CN¥570.7M.
Key information
3.7%
Debt to equity ratio
CN¥51.54m
Debt
| Interest coverage ratio | 638.5x |
| Cash | CN¥570.74m |
| Equity | CN¥1.41b |
| Total liabilities | CN¥599.70m |
| Total assets | CN¥2.01b |
Recent financial health updates
No updates
Recent updates
There May Be Reason For Hope In Anhui Annada Titanium Industry's (SZSE:002136) Disappointing Earnings
Apr 29
Investors Still Aren't Entirely Convinced By Anhui Annada Titanium Industry Co., Ltd.'s (SZSE:002136) Earnings Despite 33% Price Jump
Mar 09Anhui Annada Titanium Industry (SZSE:002136) May Have Issues Allocating Its Capital
Feb 28Financial Position Analysis
Short Term Liabilities: 002136's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥589.8M).
Long Term Liabilities: 002136's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥9.9M).
Debt to Equity History and Analysis
Debt Level: 002136 has more cash than its total debt.
Reducing Debt: 002136's debt to equity ratio has reduced from 8.8% to 3.7% over the past 5 years.
Debt Coverage: 002136's debt is well covered by operating cash flow (166.4%).
Interest Coverage: 002136's interest payments on its debt are well covered by EBIT (638.5x coverage).