Tianjin Saixiang TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Tianjin Saixiang TechnologyLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥1.5M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CN¥1.9B and CN¥610.3M respectively. Tianjin Saixiang TechnologyLtd's EBIT is CN¥38.6M making its interest coverage ratio -7.9. It has cash and short-term investments of CN¥599.4M.
Key information
0.1%
Debt to equity ratio
CN¥1.52m
Debt
| Interest coverage ratio | -7.9x |
| Cash | CN¥599.36m |
| Equity | CN¥1.32b |
| Total liabilities | CN¥610.33m |
| Total assets | CN¥1.93b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002337's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥605.7M).
Long Term Liabilities: 002337's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥4.7M).
Debt to Equity History and Analysis
Debt Level: 002337 has more cash than its total debt.
Reducing Debt: 002337's debt to equity ratio has reduced from 0.6% to 0.1% over the past 5 years.
Debt Coverage: 002337's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002337 earns more interest than it pays, so coverage of interest payments is not a concern.