Jiangsu Tianmu Lake TourismLtd Balance Sheet Health
Financial Health criteria checks 6/6
Jiangsu Tianmu Lake TourismLtd has a total shareholder equity of CN¥1.5B and total debt of CN¥73.5M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are CN¥1.7B and CN¥273.7M respectively. Jiangsu Tianmu Lake TourismLtd's EBIT is CN¥208.6M making its interest coverage ratio -886.4. It has cash and short-term investments of CN¥544.1M.
Key information
5.0%
Debt to equity ratio
CN¥73.53m
Debt
| Interest coverage ratio | -886.4x |
| Cash | CN¥544.08m |
| Equity | CN¥1.46b |
| Total liabilities | CN¥273.74m |
| Total assets | CN¥1.74b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 603136's short term assets (CN¥590.6M) exceed its short term liabilities (CN¥186.4M).
Long Term Liabilities: 603136's short term assets (CN¥590.6M) exceed its long term liabilities (CN¥87.3M).
Debt to Equity History and Analysis
Debt Level: 603136 has more cash than its total debt.
Reducing Debt: 603136's debt to equity ratio has reduced from 10.1% to 5% over the past 5 years.
Debt Coverage: 603136's debt is well covered by operating cash flow (395.1%).
Interest Coverage: 603136 earns more interest than it pays, so coverage of interest payments is not a concern.