ANE (Cayman) Balance Sheet Health
Financial Health criteria checks 6/6
ANE (Cayman) has a total shareholder equity of CN¥3.0B and total debt of CN¥568.7M, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are CN¥5.8B and CN¥2.8B respectively. ANE (Cayman)'s EBIT is CN¥577.2M making its interest coverage ratio 9.7. It has cash and short-term investments of CN¥2.2B.
Key information
19.1%
Debt to equity ratio
CN¥568.75m
Debt
| Interest coverage ratio | 9.7x |
| Cash | CN¥2.22b |
| Equity | CN¥2.97b |
| Total liabilities | CN¥2.80b |
| Total assets | CN¥5.78b |
Recent financial health updates
No updates
Recent updates
ANE (Cayman) (HKG:9956) Might Be Having Difficulty Using Its Capital Effectively
Mar 28
ANE (Cayman)'s (HKG:9956) Returns On Capital Not Reflecting Well On The Business
Oct 11An Intrinsic Calculation For ANE (Cayman) Inc. (HKG:9956) Suggests It's 32% Undervalued
Nov 09ANE (Cayman)'s (HKG:9956) Earnings Are Weaker Than They Seem
Oct 04Financial Position Analysis
Short Term Liabilities: 9956's short term assets (CN¥3.1B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 9956's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥646.4M).
Debt to Equity History and Analysis
Debt Level: 9956 has more cash than its total debt.
Reducing Debt: 9956 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 9956's debt is well covered by operating cash flow (300%).
Interest Coverage: 9956's interest payments on its debt are well covered by EBIT (9.7x coverage).