Tian An Australia Balance Sheet Health
Financial Health criteria checks 1/6
Tian An Australia has a total shareholder equity of A$67.3M and total debt of A$165.2M, which brings its debt-to-equity ratio to 245.4%. Its total assets and total liabilities are A$235.7M and A$168.4M respectively.
Key information
245.4%
Debt to equity ratio
AU$165.19m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$23.68m |
| Equity | AU$67.30m |
| Total liabilities | AU$168.42m |
| Total assets | AU$235.72m |
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$72.1M) exceed its short term liabilities (A$22.9M).
Long Term Liabilities: TIA's short term assets (A$72.1M) do not cover its long term liabilities (A$145.6M).
Debt to Equity History and Analysis
Debt Level: TIA's net debt to equity ratio (210.3%) is considered high.
Reducing Debt: TIA's debt to equity ratio has increased from 11.9% to 245.4% 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.