Tianli Lithium Energy Group Balance Sheet Health
Financial Health criteria checks 3/6
Tianli Lithium Energy Group has a total shareholder equity of CN¥1.9B and total debt of CN¥773.8M, which brings its debt-to-equity ratio to 41.7%. Its total assets and total liabilities are CN¥3.1B and CN¥1.2B respectively.
Key information
41.7%
Debt to equity ratio
CN¥773.83m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥192.78m |
| Equity | CN¥1.85b |
| Total liabilities | CN¥1.24b |
| Total assets | CN¥3.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301152's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 301152's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥208.8M).
Debt to Equity History and Analysis
Debt Level: 301152's net debt to equity ratio (31.3%) is considered satisfactory.
Reducing Debt: 301152's debt to equity ratio has increased from 29.8% to 41.7% over the past 5 years.
Debt Coverage: 301152's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 301152's interest payments on its debt are well covered by EBIT.