Tengda Construction Group Balance Sheet Health
Financial Health criteria checks 4/6
Tengda Construction Group has a total shareholder equity of CN¥6.2B and total debt of CN¥4.1M, which brings its debt-to-equity ratio to 0.07%. Its total assets and total liabilities are CN¥10.5B and CN¥4.2B respectively.
Key information
0.07%
Debt to equity ratio
CN¥4.12m
Debt
Interest coverage ratio | n/a |
Cash | CN¥2.61b |
Equity | CN¥6.24b |
Total liabilities | CN¥4.23b |
Total assets | CN¥10.46b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600512's short term assets (CN¥7.2B) exceed its short term liabilities (CN¥4.2B).
Long Term Liabilities: 600512's short term assets (CN¥7.2B) exceed its long term liabilities (CN¥4.2M).
Debt to Equity History and Analysis
Debt Level: 600512 has more cash than its total debt.
Reducing Debt: 600512's debt to equity ratio has reduced from 39.7% to 0.07% over the past 5 years.
Debt Coverage: 600512's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 600512's interest payments on its debt are well covered by EBIT.