Tieliu Co.Ltd Balance Sheet Health
Financial Health criteria checks 6/6
TieliuLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥247.6M, which brings its debt-to-equity ratio to 14.6%. Its total assets and total liabilities are CN¥2.8B and CN¥1.1B respectively. TieliuLtd's EBIT is CN¥103.8M making its interest coverage ratio -21.3. It has cash and short-term investments of CN¥734.9M.
Key information
14.6%
Debt to equity ratio
CN¥247.65m
Debt
Interest coverage ratio | -21.3x |
Cash | CN¥734.94m |
Equity | CN¥1.70b |
Total liabilities | CN¥1.12b |
Total assets | CN¥2.82b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603926's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥901.2M).
Long Term Liabilities: 603926's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥219.8M).
Debt to Equity History and Analysis
Debt Level: 603926 has more cash than its total debt.
Reducing Debt: 603926's debt to equity ratio has reduced from 31.4% to 14.6% over the past 5 years.
Debt Coverage: 603926's debt is well covered by operating cash flow (138.7%).
Interest Coverage: 603926 earns more interest than it pays, so coverage of interest payments is not a concern.