Tongda Smart Tech (Xiamen) Balance Sheet Health
Financial Health criteria checks 6/6
Tongda Smart Tech (Xiamen) has a total shareholder equity of CN¥1.4B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.7B and CN¥268.2M respectively. Tongda Smart Tech (Xiamen)'s EBIT is CN¥84.5M making its interest coverage ratio -7. It has cash and short-term investments of CN¥738.1M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -7x |
| Cash | CN¥738.06m |
| Equity | CN¥1.44b |
| Total liabilities | CN¥268.22m |
| Total assets | CN¥1.71b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 001368's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥235.9M).
Long Term Liabilities: 001368's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥32.3M).
Debt to Equity History and Analysis
Debt Level: 001368 is debt free.
Reducing Debt: 001368 has no debt compared to 5 years ago when its debt to equity ratio was 12.1%.
Debt Coverage: 001368 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 001368 has no debt, therefore coverage of interest payments is not a concern.