Tungkong Balance Sheet Health
Financial Health criteria checks 5/6
Tungkong has a total shareholder equity of CN¥1.3B and total debt of CN¥15.9M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are CN¥1.9B and CN¥527.7M respectively. Tungkong's EBIT is CN¥92.7M making its interest coverage ratio -5.5. It has cash and short-term investments of CN¥500.1M.
Key information
1.2%
Debt to equity ratio
CN¥15.90m
Debt
| Interest coverage ratio | -5.5x |
| Cash | CN¥500.06m |
| Equity | CN¥1.35b |
| Total liabilities | CN¥527.67m |
| Total assets | CN¥1.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002117's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥489.9M).
Long Term Liabilities: 002117's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥37.7M).
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 1.2% over the past 5 years.
Debt Coverage: 002117's debt is well covered by operating cash flow (1443%).
Interest Coverage: 002117 earns more interest than it pays, so coverage of interest payments is not a concern.