Ningxia Orient Tantalum Industry Co., Ltd.

XSEC:000962 Stock Report

Market Cap: CN¥7.1b

Ningxia Orient Tantalum Industry Balance Sheet Health

Financial Health criteria checks 6/6

Ningxia Orient Tantalum Industry has a total shareholder equity of CN¥2.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.0B and CN¥421.3M respectively. Ningxia Orient Tantalum Industry's EBIT is CN¥118.0M making its interest coverage ratio -1.5. It has cash and short-term investments of CN¥505.4M.

Key information

0%

Debt to equity ratio

CN¥0

Debt

Interest coverage ratio-1.5x
CashCN¥505.36m
EquityCN¥2.58b
Total liabilitiesCN¥421.27m
Total assetsCN¥3.00b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 000962's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥349.7M).

Long Term Liabilities: 000962's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥71.6M).


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 28.2%.

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.


Balance Sheet


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