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¥250.2M, which brings its debt-to-equity ratio to 14.6%. Its total assets and total liabilities are CN¥2.9B and CN¥1.1B respectively. TieliuLtd's EBIT is CN¥83.3M making its interest coverage ratio -8.5. It has cash and short-term investments of CN¥683.5M.
Key information
14.6%
Debt to equity ratio
CN¥250.24m
Debt
Interest coverage ratio | -8.5x |
Cash | CN¥683.54m |
Equity | CN¥1.72b |
Total liabilities | CN¥1.13b |
Total assets | CN¥2.85b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603926's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥904.2M).
Long Term Liabilities: 603926's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥229.9M).
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 16.4% to 14.6% over the past 5 years.
Debt Coverage: 603926's debt is well covered by operating cash flow (107.3%).
Interest Coverage: 603926 earns more interest than it pays, so coverage of interest payments is not a concern.