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 ratio | 14.3x |
Cash | CN¥26.90b |
Equity | CN¥91.90b |
Total liabilities | CN¥107.36b |
Total assets | CN¥199.26b |
Recent financial health updates
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).