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
We Think Anton Oilfield Services Group (HKG:3337) Is Taking Some Risk With Its Debt
Nov 08
Is Anton Oilfield Services Group (HKG:3337) Using Too Much Debt?
Jun 06We Think Anton Oilfield Services Group (HKG:3337) Is Taking Some Risk With Its Debt
Apr 26These 4 Measures Indicate That Anton Oilfield Services Group (HKG:3337) Is Using Debt In A Risky Way
Nov 22
Recent updates
Investors Can Find Comfort In Anton Oilfield Services Group's (HKG:3337) Earnings Quality
Apr 04Benign Growth For Anton Oilfield Services Group (HKG:3337) Underpins Its Share Price
Jan 16We Think Anton Oilfield Services Group (HKG:3337) Is Taking Some Risk With Its Debt
Nov 08The Return Trends At Anton Oilfield Services Group (HKG:3337) Look Promising
Sep 29Is Anton Oilfield Services Group (HKG:3337) Using Too Much Debt?
Jun 06Returns On Capital Are Showing Encouraging Signs At Anton Oilfield Services Group (HKG:3337)
Jan 07Returns Are Gaining Momentum At Anton Oilfield Services Group (HKG:3337)
Jul 20We Think Anton Oilfield Services Group (HKG:3337) Is Taking Some Risk With Its Debt
Apr 26Anton Oilfield Services Group (HKG:3337) Might Have The Makings Of A Multi-Bagger
Apr 04Calculating The Intrinsic Value Of Anton Oilfield Services Group (HKG:3337)
Mar 15Do Insiders Own Lots Of Shares In Anton Oilfield Services Group (HKG:3337)?
Feb 21Have Insiders Been Buying Anton Oilfield Services Group (HKG:3337) Shares This Year?
Jan 24A Look At Anton Oilfield Services Group's (HKG:3337) CEO Remuneration
Dec 28Is There More Growth In Store For Anton Oilfield Services Group's (HKG:3337) Returns On Capital?
Dec 10These 4 Measures Indicate That Anton Oilfield Services Group (HKG:3337) Is Using Debt In A Risky Way
Nov 22Financial Position Analysis
Short Term Liabilities: 3337's short term assets (CN¥7.0B) exceed its short term liabilities (CN¥5.2B).
Long Term Liabilities: 3337's short term assets (CN¥7.0B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 3337's net debt to equity ratio (25%) is considered satisfactory.
Reducing Debt: 3337's debt to equity ratio has reduced from 121.4% to 71.4% over the past 5 years.
Debt Coverage: 3337's debt is well covered by operating cash flow (37.5%).
Interest Coverage: 3337's interest payments on its debt are well covered by EBIT (4x coverage).