Tungkong Balance Sheet Health
Financial Health criteria checks 5/6
Tungkong has a total shareholder equity of CN¥1.5B and total debt of CN¥39.6M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are CN¥2.0B and CN¥538.9M respectively. Tungkong's EBIT is CN¥157.6M making its interest coverage ratio -9.1. It has cash and short-term investments of CN¥692.1M.
Key information
2.7%
Debt to equity ratio
CN¥39.57m
Debt
Interest coverage ratio | -9.1x |
Cash | CN¥692.06m |
Equity | CN¥1.49b |
Total liabilities | CN¥538.86m |
Total assets | CN¥2.03b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002117's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥493.4M).
Long Term Liabilities: 002117's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥45.5M).
Debt to Equity History and Analysis
Debt Level: 002117 has more cash than its total debt.
Reducing Debt: 002117's debt to equity ratio has increased from 0% to 2.7% over the past 5 years.
Debt Coverage: 002117's debt is well covered by operating cash flow (643.9%).
Interest Coverage: 002117 earns more interest than it pays, so coverage of interest payments is not a concern.