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¥7.0B and total debt of CN¥8.6B, which brings its debt-to-equity ratio to 123%. Its total assets and total liabilities are CN¥22.6B and CN¥15.5B respectively.
Key information
123.0%
Debt to equity ratio
CN¥8.64b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥608.38m |
| Equity | CN¥7.02b |
| Total liabilities | CN¥15.54b |
| Total assets | CN¥22.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000826's short term assets (CN¥6.6B) do not cover its short term liabilities (CN¥9.3B).
Long Term Liabilities: 000826's short term assets (CN¥6.6B) exceed its long term liabilities (CN¥6.3B).
Debt to Equity History and Analysis
Debt Level: 000826's net debt to equity ratio (114.3%) is considered high.
Reducing Debt: 000826's debt to equity ratio has increased from 87.8% to 123% 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 55.9% per year.