TBEA Balance Sheet Health

Financial Health criteria checks 6/6

TBEA has a total shareholder equity of CN¥91.9B and total debt of CN¥41.9B, which brings its debt-to-equity ratio to 45.6%. Its total assets and total liabilities are CN¥199.3B and CN¥107.4B respectively. TBEA's EBIT is CN¥13.6B making its interest coverage ratio 14.3. It has cash and short-term investments of CN¥26.9B.

Key information

45.6%

Debt to equity ratio

CN¥41.92b

Debt

Interest coverage ratio14.3x
CashCN¥26.90b
EquityCN¥91.90b
Total liabilitiesCN¥107.36b
Total assetsCN¥199.26b

Recent financial health updates

No updates

Recent updates

Insufficient Growth At TBEA Co., Ltd. (SHSE:600089) Hampers Share Price

Mar 18
Insufficient Growth At TBEA Co., Ltd. (SHSE:600089) Hampers Share Price

Should You Be Adding TBEA (SHSE:600089) To Your Watchlist Today?

Feb 28
Should You Be Adding TBEA (SHSE:600089) To Your Watchlist Today?

Financial Position Analysis

Short Term Liabilities: 600089's short term assets (CN¥81.8B) exceed its short term liabilities (CN¥65.2B).

Long Term Liabilities: 600089's short term assets (CN¥81.8B) exceed its long term liabilities (CN¥42.2B).


Debt to Equity History and Analysis

Debt Level: 600089's net debt to equity ratio (16.3%) is considered satisfactory.

Reducing Debt: 600089's debt to equity ratio has reduced from 68.5% to 45.6% over the past 5 years.

Debt Coverage: 600089's debt is well covered by operating cash flow (52.1%).

Interest Coverage: 600089's interest payments on its debt are well covered by EBIT (14.3x coverage).


Balance Sheet


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