China Vanadium Titano-Magnetite Mining Balance Sheet Health
Financial Health criteria checks 5/6
China Vanadium Titano-Magnetite Mining has a total shareholder equity of CN¥940.1M and total debt of CN¥81.7M, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are CN¥1.3B and CN¥358.2M respectively.
Key information
8.7%
Debt to equity ratio
CN¥81.75m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥125.00k |
| Equity | CN¥940.13m |
| Total liabilities | CN¥358.18m |
| Total assets | CN¥1.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CV8S's short term assets (CN¥232.7M) exceed its short term liabilities (CN¥228.3M).
Long Term Liabilities: CV8S's short term assets (CN¥232.7M) exceed its long term liabilities (CN¥129.8M).
Debt to Equity History and Analysis
Debt Level: CV8S's net debt to equity ratio (8.7%) is considered satisfactory.
Reducing Debt: CV8S's debt to equity ratio has reduced from 13.3% to 8.7% over the past 5 years.
Debt Coverage: CV8S's debt is well covered by operating cash flow (69.9%).
Interest Coverage: Insufficient data to determine if CV8S's interest payments on its debt are well covered by EBIT.