Tjk Machinery (Tianjin) Balance Sheet Health
Financial Health criteria checks 6/6
Tjk Machinery (Tianjin) has a total shareholder equity of CN¥1.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.3B and CN¥254.3M respectively. Tjk Machinery (Tianjin)'s EBIT is CN¥57.1M making its interest coverage ratio -9.7. It has cash and short-term investments of CN¥229.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -9.7x |
| Cash | CN¥229.71m |
| Equity | CN¥1.00b |
| Total liabilities | CN¥254.32m |
| Total assets | CN¥1.25b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300823's short term assets (CN¥774.7M) exceed its short term liabilities (CN¥231.3M).
Long Term Liabilities: 300823's short term assets (CN¥774.7M) exceed its long term liabilities (CN¥23.0M).
Debt to Equity History and Analysis
Debt Level: 300823 is debt free.
Reducing Debt: 300823 has no debt compared to 5 years ago when its debt to equity ratio was 28.1%.
Debt Coverage: 300823 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300823 has no debt, therefore coverage of interest payments is not a concern.