Tianfeng Securities Balance Sheet Health
Financial Health criteria checks 3/6
Tianfeng Securities has a total shareholder equity of CN¥24.8B and total debt of CN¥59.5B, which brings its debt-to-equity ratio to 240.4%. Its total assets and total liabilities are CN¥98.5B and CN¥73.8B respectively.
Key information
240.4%
Debt to equity ratio
CN¥59.51b
Debt
Interest coverage ratio | n/a |
Cash | CN¥57.92b |
Equity | CN¥24.75b |
Total liabilities | CN¥73.76b |
Total assets | CN¥98.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601162's short term assets (CN¥69.7B) exceed its short term liabilities (CN¥25.3B).
Long Term Liabilities: 601162's short term assets (CN¥69.7B) exceed its long term liabilities (CN¥48.4B).
Debt to Equity History and Analysis
Debt Level: 601162's net debt to equity ratio (6.4%) is considered satisfactory.
Reducing Debt: 601162's debt to equity ratio has increased from 151.2% to 240.4% over the past 5 years.
Debt Coverage: 601162's debt is not well covered by operating cash flow (1.3%).
Interest Coverage: Insufficient data to determine if 601162's interest payments on its debt are well covered by EBIT.