Tiandi Science & TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Tiandi Science & TechnologyLtd has a total shareholder equity of CN¥29.8B and total debt of CN¥921.5M, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are CN¥52.4B and CN¥22.6B respectively. Tiandi Science & TechnologyLtd's EBIT is CN¥3.4B making its interest coverage ratio -9.4. It has cash and short-term investments of CN¥14.1B.
Key information
3.1%
Debt to equity ratio
CN¥921.46m
Debt
Interest coverage ratio | -9.4x |
Cash | CN¥14.10b |
Equity | CN¥29.84b |
Total liabilities | CN¥22.55b |
Total assets | CN¥52.39b |
Recent financial health updates
Recent updates
Is There An Opportunity With Tiandi Science & Technology Co.Ltd's (SHSE:600582) 50% Undervaluation?
May 13If EPS Growth Is Important To You, Tiandi Science & TechnologyLtd (SHSE:600582) Presents An Opportunity
Apr 15Tiandi Science & TechnologyLtd's (SHSE:600582) Solid Earnings Are Supported By Other Strong Factors
Mar 31Tiandi Science & Technology Co.Ltd (SHSE:600582) Surges 25% Yet Its Low P/E Is No Reason For Excitement
Mar 05Is Tiandi Science & TechnologyLtd (SHSE:600582) Using Too Much Debt?
Feb 29Financial Position Analysis
Short Term Liabilities: 600582's short term assets (CN¥40.2B) exceed its short term liabilities (CN¥20.1B).
Long Term Liabilities: 600582's short term assets (CN¥40.2B) exceed its long term liabilities (CN¥2.5B).
Debt to Equity History and Analysis
Debt Level: 600582 has more cash than its total debt.
Reducing Debt: 600582's debt to equity ratio has reduced from 10.8% to 3.1% over the past 5 years.
Debt Coverage: 600582's debt is well covered by operating cash flow (462.1%).
Interest Coverage: 600582 earns more interest than it pays, so coverage of interest payments is not a concern.