Anton Oilfield Services Group Balance Sheet Health
Financial Health criteria checks 6/6
Anton Oilfield Services Group has a total shareholder equity of CN¥3.4B and total debt of CN¥2.4B, which brings its debt-to-equity ratio to 71.4%. Its total assets and total liabilities are CN¥9.8B and CN¥6.4B respectively. Anton Oilfield Services Group's EBIT is CN¥600.7M making its interest coverage ratio 4. It has cash and short-term investments of CN¥1.6B.
Key information
71.4%
Debt to equity ratio
CN¥2.44b
Debt
Interest coverage ratio | 4x |
Cash | CN¥1.59b |
Equity | CN¥3.42b |
Total liabilities | CN¥6.39b |
Total assets | CN¥9.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5AO's short term assets (CN¥7.0B) exceed its short term liabilities (CN¥5.2B).
Long Term Liabilities: 5AO's short term assets (CN¥7.0B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 5AO's net debt to equity ratio (25%) is considered satisfactory.
Reducing Debt: 5AO's debt to equity ratio has reduced from 121.4% to 71.4% over the past 5 years.
Debt Coverage: 5AO's debt is well covered by operating cash flow (37.5%).
Interest Coverage: 5AO's interest payments on its debt are well covered by EBIT (4x coverage).