Tsingtao Brewery Balance Sheet Health
Financial Health criteria checks 6/6
Tsingtao Brewery has a total shareholder equity of CN¥29.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥52.8B and CN¥23.6B respectively. Tsingtao Brewery's EBIT is CN¥4.7B making its interest coverage ratio -6.6. It has cash and short-term investments of CN¥27.3B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -6.6x |
| Cash | CN¥27.28b |
| Equity | CN¥29.22b |
| Total liabilities | CN¥23.59b |
| Total assets | CN¥52.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600600's short term assets (CN¥31.8B) exceed its short term liabilities (CN¥19.5B).
Long Term Liabilities: 600600's short term assets (CN¥31.8B) exceed its long term liabilities (CN¥4.1B).
Debt to Equity History and Analysis
Debt Level: 600600 is debt free.
Reducing Debt: 600600 has no debt compared to 5 years ago when its debt to equity ratio was 2.4%.
Debt Coverage: 600600 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600600 has no debt, therefore coverage of interest payments is not a concern.