Tibet Tianlu Balance Sheet Health
Financial Health criteria checks 3/6
Tibet Tianlu has a total shareholder equity of CN¥5.5B and total debt of CN¥3.8B, which brings its debt-to-equity ratio to 68.9%. Its total assets and total liabilities are CN¥13.2B and CN¥7.7B respectively.
Key information
68.9%
Debt to equity ratio
CN¥3.78b
Debt
Interest coverage ratio | n/a |
Cash | CN¥2.70b |
Equity | CN¥5.48b |
Total liabilities | CN¥7.67b |
Total assets | CN¥13.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600326's short term assets (CN¥7.1B) exceed its short term liabilities (CN¥4.8B).
Long Term Liabilities: 600326's short term assets (CN¥7.1B) exceed its long term liabilities (CN¥2.9B).
Debt to Equity History and Analysis
Debt Level: 600326's net debt to equity ratio (19.7%) is considered satisfactory.
Reducing Debt: 600326's debt to equity ratio has increased from 61.8% to 68.9% over the past 5 years.
Debt Coverage: 600326's debt is not well covered by operating cash flow (2.9%).
Interest Coverage: Insufficient data to determine if 600326's interest payments on its debt are well covered by EBIT.