TUS ENVIRONMENTAL SCIENCE AND TECHNOLOGY DEVELOPMENT Balance Sheet Health
Financial Health criteria checks 3/6
TUS ENVIRONMENTAL SCIENCE AND TECHNOLOGY DEVELOPMENT has a total shareholder equity of CN¥9.9B and total debt of CN¥8.1B, which brings its debt-to-equity ratio to 81.5%. Its total assets and total liabilities are CN¥25.1B and CN¥15.2B respectively. TUS ENVIRONMENTAL SCIENCE AND TECHNOLOGY DEVELOPMENT's EBIT is CN¥72.8M making its interest coverage ratio 0.1. It has cash and short-term investments of CN¥743.3M.
Key information
81.5%
Debt to equity ratio
CN¥8.11b
Debt
Interest coverage ratio | 0.1x |
Cash | CN¥743.27m |
Equity | CN¥9.95b |
Total liabilities | CN¥15.17b |
Total assets | CN¥25.12b |
Recent financial health updates
No updates
Recent updates
TUS ENVIRONMENTAL SCIENCE AND TECHNOLOGY DEVELOPMENT Co., LTD. (SZSE:000826) Stock Catapults 34% Though Its Price And Business Still Lag The Industry
Mar 15There's No Escaping TUS ENVIRONMENTAL SCIENCE AND TECHNOLOGY DEVELOPMENT Co., LTD.'s (SZSE:000826) Muted Revenues Despite A 34% Share Price Rise
Mar 15Financial Position Analysis
Short Term Liabilities: 000826's short term assets (CN¥7.3B) do not cover its short term liabilities (CN¥7.5B).
Long Term Liabilities: 000826's short term assets (CN¥7.3B) do not cover its long term liabilities (CN¥7.7B).
Debt to Equity History and Analysis
Debt Level: 000826's net debt to equity ratio (74.1%) is considered high.
Reducing Debt: 000826's debt to equity ratio has reduced from 95.2% to 81.5% 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: Whilst unprofitable 000826 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 000826 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 50.4% per year.