Tianli Lithium Energy Group Balance Sheet Health
Financial Health criteria checks 3/6
Tianli Lithium Energy Group has a total shareholder equity of CN¥1.8B and total debt of CN¥953.0M, which brings its debt-to-equity ratio to 53.4%. Its total assets and total liabilities are CN¥3.2B and CN¥1.4B respectively.
Key information
53.4%
Debt to equity ratio
CN¥953.04m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥247.62m |
| Equity | CN¥1.79b |
| Total liabilities | CN¥1.38b |
| Total assets | CN¥3.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301152's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 301152's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥123.0M).
Debt to Equity History and Analysis
Debt Level: 301152's net debt to equity ratio (39.5%) is considered satisfactory.
Reducing Debt: 301152's debt to equity ratio has increased from 30.7% to 53.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 301152 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 301152 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 42.3% each year