TUS ENVIRONMENTAL SCIENCE AND TECHNOLOGY DEVELOPMENT Balance Sheet Health
Financial Health criteria checks 2/6
TUS ENVIRONMENTAL SCIENCE AND TECHNOLOGY DEVELOPMENT has a total shareholder equity of CN¥8.3B and total debt of CN¥7.9B, which brings its debt-to-equity ratio to 95.4%. Its total assets and total liabilities are CN¥23.5B and CN¥15.3B respectively.
Key information
95.4%
Debt to equity ratio
CN¥7.90b
Debt
Interest coverage ratio | n/a |
Cash | CN¥557.52m |
Equity | CN¥8.28b |
Total liabilities | CN¥15.26b |
Total assets | CN¥23.54b |
Recent financial health updates
No updates
Recent updates
Why Investors Shouldn't Be Surprised By TUS ENVIRONMENTAL SCIENCE AND TECHNOLOGY DEVELOPMENT Co., LTD.'s (SZSE:000826) 29% Share Price Plunge
Jun 06TUS 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¥6.6B) do not cover its short term liabilities (CN¥7.8B).
Long Term Liabilities: 000826's short term assets (CN¥6.6B) do not cover its long term liabilities (CN¥7.4B).
Debt to Equity History and Analysis
Debt Level: 000826's net debt to equity ratio (88.7%) is considered high.
Reducing Debt: 000826's debt to equity ratio has increased from 90.1% to 95.4% 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: 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 54.7% per year.