CNNC Hua Yuan Titanium Dioxide Balance Sheet Health
Financial Health criteria checks 5/6
CNNC Hua Yuan Titanium Dioxide has a total shareholder equity of CN¥12.1B and total debt of CN¥4.0B, which brings its debt-to-equity ratio to 33.3%. Its total assets and total liabilities are CN¥19.3B and CN¥7.2B respectively. CNNC Hua Yuan Titanium Dioxide's EBIT is CN¥260.5M making its interest coverage ratio -1.4. It has cash and short-term investments of CN¥7.7B.
Key information
33.3%
Debt to equity ratio
CN¥4.03b
Debt
| Interest coverage ratio | -1.4x |
| Cash | CN¥7.67b |
| Equity | CN¥12.12b |
| Total liabilities | CN¥7.15b |
| Total assets | CN¥19.27b |
Recent financial health updates
Recent updates
We Think That There Are Some Issues For CNNC Hua Yuan Titanium Dioxide (SZSE:002145) Beyond Its Promising Earnings
Apr 24
These 4 Measures Indicate That CNNC Hua Yuan Titanium Dioxide (SZSE:002145) Is Using Debt Reasonably Well
Mar 18Getting In Cheap On CNNC Hua Yuan Titanium Dioxide Co., Ltd (SZSE:002145) Is Unlikely
Feb 28Financial Position Analysis
Short Term Liabilities: 002145's short term assets (CN¥10.5B) exceed its short term liabilities (CN¥5.4B).
Long Term Liabilities: 002145's short term assets (CN¥10.5B) exceed its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 002145 has more cash than its total debt.
Reducing Debt: 002145's debt to equity ratio has reduced from 37.6% to 33.3% over the past 5 years.
Debt Coverage: 002145's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002145 earns more interest than it pays, so coverage of interest payments is not a concern.