Tiandi Science & TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Tiandi Science & TechnologyLtd has a total shareholder equity of CN¥30.2B and total debt of CN¥561.1M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are CN¥53.4B and CN¥23.2B respectively. Tiandi Science & TechnologyLtd's EBIT is CN¥3.4B making its interest coverage ratio -7.6. It has cash and short-term investments of CN¥11.7B.
Key information
1.9%
Debt to equity ratio
CN¥561.13m
Debt
| Interest coverage ratio | -7.6x |
| Cash | CN¥11.65b |
| Equity | CN¥30.24b |
| Total liabilities | CN¥23.17b |
| Total assets | CN¥53.40b |
Recent financial health updates
Tiandi Science & TechnologyLtd (SHSE:600582) Has A Rock Solid Balance Sheet
May 30
Is Tiandi Science & TechnologyLtd (SHSE:600582) Using Too Much Debt?
Feb 29Recent updates
There's Been No Shortage Of Growth Recently For Tiandi Science & TechnologyLtd's (SHSE:600582) Returns On Capital
Oct 08Tiandi Science & Technology Co.Ltd's (SHSE:600582) Earnings Are Not Doing Enough For Some Investors
Sep 21With EPS Growth And More, Tiandi Science & TechnologyLtd (SHSE:600582) Makes An Interesting Case
Aug 14Why Investors Shouldn't Be Surprised By Tiandi Science & Technology Co.Ltd's (SHSE:600582) Low P/E
Jun 17Tiandi Science & TechnologyLtd (SHSE:600582) Has A Rock Solid Balance Sheet
May 30Is 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¥39.0B) exceed its short term liabilities (CN¥20.7B).
Long Term Liabilities: 600582's short term assets (CN¥39.0B) 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 5.5% to 1.9% over the past 5 years.
Debt Coverage: 600582's debt is well covered by operating cash flow (432.7%).
Interest Coverage: 600582 earns more interest than it pays, so coverage of interest payments is not a concern.