Beijing Tianyishangjia New Material Balance Sheet Health
Financial Health criteria checks 3/6
Beijing Tianyishangjia New Material has a total shareholder equity of CN¥4.6B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are CN¥7.6B and CN¥2.9B respectively.
Key information
24.3%
Debt to equity ratio
CN¥1.13b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥494.55m |
| Equity | CN¥4.64b |
| Total liabilities | CN¥2.95b |
| Total assets | CN¥7.59b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688033's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 688033's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥425.7M).
Debt to Equity History and Analysis
Debt Level: 688033's net debt to equity ratio (13.6%) is considered satisfactory.
Reducing Debt: 688033's debt to equity ratio has increased from 0% to 24.3% over the past 5 years.
Debt Coverage: 688033's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688033's interest payments on its debt are well covered by EBIT.