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¥1.5B, which brings its debt-to-equity ratio to 49.7%. Its total assets and total liabilities are CN¥5.8B and CN¥2.8B respectively. ANE (Cayman)'s EBIT is CN¥747.8M making its interest coverage ratio 14.5. It has cash and short-term investments of CN¥2.2B.
Key information
49.7%
Debt to equity ratio
CN¥1.48b
Debt
Interest coverage ratio | 14.5x |
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
We Think ANE (Cayman)'s (HKG:9956) Profit Is Only A Baseline For What They Can Achieve
May 02Cautious Investors Not Rewarding ANE (Cayman) Inc.'s (HKG:9956) Performance Completely
Apr 30ANE (Cayman) (HKG:9956) Might Be Having Difficulty Using Its Capital Effectively
Mar 28ANE (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 (115.4%).
Interest Coverage: 9956's interest payments on its debt are well covered by EBIT (14.5x coverage).