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 |
Cash | CN¥505.36m |
Equity | CN¥2.58b |
Total liabilities | CN¥421.27m |
Total assets | CN¥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.