ANE (Cayman) Balance Sheet Health
Financial Health criteria checks 6/6
ANE (Cayman) has a total shareholder equity of CN¥3.1B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 37.4%. Its total assets and total liabilities are CN¥5.6B and CN¥2.5B respectively. ANE (Cayman)'s EBIT is CN¥925.1M making its interest coverage ratio 22.5. It has cash and short-term investments of CN¥2.2B.
Key information
37.4%
Debt to equity ratio
CN¥1.14b
Debt
| Interest coverage ratio | 22.5x |
| Cash | CN¥2.22b |
| Equity | CN¥3.05b |
| Total liabilities | CN¥2.53b |
| Total assets | CN¥5.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9956's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 9956's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥535.6M).
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 (164.2%).
Interest Coverage: 9956's interest payments on its debt are well covered by EBIT (22.5x coverage).