Tianjin Motor DiesLtd Balance Sheet Health
Financial Health criteria checks 4/6
Tianjin Motor DiesLtd has a total shareholder equity of CN¥2.1B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 80.3%. Its total assets and total liabilities are CN¥6.1B and CN¥3.9B respectively. Tianjin Motor DiesLtd's EBIT is CN¥43.6M making its interest coverage ratio -0.8. It has cash and short-term investments of CN¥938.4M.
Key information
80.3%
Debt to equity ratio
CN¥1.72b
Debt
Interest coverage ratio | -0.8x |
Cash | CN¥938.38m |
Equity | CN¥2.14b |
Total liabilities | CN¥3.93b |
Total assets | CN¥6.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002510's short term assets (CN¥3.7B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 002510's short term assets (CN¥3.7B) exceed its long term liabilities (CN¥839.3M).
Debt to Equity History and Analysis
Debt Level: 002510's net debt to equity ratio (36.5%) is considered satisfactory.
Reducing Debt: 002510's debt to equity ratio has increased from 44.9% to 80.3% over the past 5 years.
Debt Coverage: 002510's debt is not well covered by operating cash flow (11%).
Interest Coverage: 002510 earns more interest than it pays, so coverage of interest payments is not a concern.