Changzhou Tenglong AutoPartsCo.Ltd Balance Sheet Health
Financial Health criteria checks 5/6
Changzhou Tenglong AutoPartsCo.Ltd has a total shareholder equity of CN¥2.5B and total debt of CN¥973.8M, which brings its debt-to-equity ratio to 38.9%. Its total assets and total liabilities are CN¥4.6B and CN¥2.1B respectively. Changzhou Tenglong AutoPartsCo.Ltd's EBIT is CN¥375.6M making its interest coverage ratio 15.1. It has cash and short-term investments of CN¥449.2M.
Key information
38.9%
Debt to equity ratio
CN¥973.81m
Debt
| Interest coverage ratio | 15.1x |
| Cash | CN¥449.24m |
| Equity | CN¥2.50b |
| Total liabilities | CN¥2.10b |
| Total assets | CN¥4.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603158's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 603158's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥116.1M).
Debt to Equity History and Analysis
Debt Level: 603158's net debt to equity ratio (21%) is considered satisfactory.
Reducing Debt: 603158's debt to equity ratio has increased from 37.8% to 38.9% over the past 5 years.
Debt Coverage: 603158's debt is well covered by operating cash flow (27.3%).
Interest Coverage: 603158's interest payments on its debt are well covered by EBIT (15.1x coverage).