Jiangsu Tianmu Lake TourismLtd Balance Sheet Health
Financial Health criteria checks 5/6
Jiangsu Tianmu Lake TourismLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥150.0M, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are CN¥1.8B and CN¥337.6M respectively. Jiangsu Tianmu Lake TourismLtd's EBIT is CN¥144.0M making its interest coverage ratio -15.8. It has cash and short-term investments of CN¥619.1M.
Key information
10.4%
Debt to equity ratio
CN¥150.00m
Debt
| Interest coverage ratio | -15.8x |
| Cash | CN¥619.09m |
| Equity | CN¥1.45b |
| Total liabilities | CN¥337.57m |
| Total assets | CN¥1.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603136's short term assets (CN¥685.1M) exceed its short term liabilities (CN¥256.8M).
Long Term Liabilities: 603136's short term assets (CN¥685.1M) exceed its long term liabilities (CN¥80.7M).
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 increased from 8.7% to 10.4% over the past 5 years.
Debt Coverage: 603136's debt is well covered by operating cash flow (136.4%).
Interest Coverage: 603136 earns more interest than it pays, so coverage of interest payments is not a concern.