Tianjin Motor DiesLtd Balance Sheet Health
Financial Health criteria checks 4/6
Tianjin Motor DiesLtd has a total shareholder equity of CN¥2.2B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 76.9%. Its total assets and total liabilities are CN¥6.0B and CN¥3.8B respectively. Tianjin Motor DiesLtd's EBIT is CN¥100.4M making its interest coverage ratio -1.7. It has cash and short-term investments of CN¥892.6M.
Key information
76.9%
Debt to equity ratio
CN¥1.67b
Debt
| Interest coverage ratio | -1.7x |
| Cash | CN¥892.58m |
| Equity | CN¥2.17b |
| Total liabilities | CN¥3.82b |
| Total assets | CN¥5.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002510's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥2.8B).
Long Term Liabilities: 002510's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 002510's net debt to equity ratio (35.7%) is considered satisfactory.
Reducing Debt: 002510's debt to equity ratio has increased from 45.9% to 76.9% over the past 5 years.
Debt Coverage: 002510's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: 002510 earns more interest than it pays, so coverage of interest payments is not a concern.