Tian An Australia Balance Sheet Health
Financial Health criteria checks 1/6
Tian An Australia has a total shareholder equity of A$63.1M and total debt of A$219.1M, which brings its debt-to-equity ratio to 347.1%. Its total assets and total liabilities are A$284.1M and A$221.0M respectively.
Key information
347.1%
Debt to equity ratio
AU$219.11m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$11.94m |
| Equity | AU$63.13m |
| Total liabilities | AU$220.98m |
| Total assets | AU$284.11m |
Recent financial health updates
Is Tian An Australia (ASX:TIA) Using Too Much Debt?
Aug 13
Is Tian An Australia (ASX:TIA) A Risky Investment?
Mar 29Is Tian An Australia (ASX:TIA) Using Debt In A Risky Way?
Nov 30Is Tian An Australia (ASX:TIA) Using Debt Sensibly?
Jun 08Is Tian An Australia (ASX:TIA) Using Debt In A Risky Way?
Feb 23Recent updates
Financial Position Analysis
Short Term Liabilities: TIA's short term assets (A$70.5M) exceed its short term liabilities (A$36.7M).
Long Term Liabilities: TIA's short term assets (A$70.5M) do not cover its long term liabilities (A$184.3M).
Debt to Equity History and Analysis
Debt Level: TIA's net debt to equity ratio (328.1%) is considered high.
Reducing Debt: TIA's debt to equity ratio has increased from 18.8% to 347.1% over the past 5 years.
Debt Coverage: TIA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if TIA's interest payments on its debt are well covered by EBIT.