Tibet Development Balance Sheet Health
Financial Health criteria checks 6/6
Tibet Development has a total shareholder equity of CN¥581.3M and total debt of CN¥4.3M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CN¥952.2M and CN¥370.9M respectively. Tibet Development's EBIT is CN¥105.4M making its interest coverage ratio 26.8. It has cash and short-term investments of CN¥576.3M.
Key information
0.7%
Debt to equity ratio
CN¥4.30m
Debt
Interest coverage ratio | 26.8x |
Cash | CN¥576.28m |
Equity | CN¥581.32m |
Total liabilities | CN¥370.89m |
Total assets | CN¥952.20m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000752's short term assets (CN¥606.3M) exceed its short term liabilities (CN¥340.7M).
Long Term Liabilities: 000752's short term assets (CN¥606.3M) exceed its long term liabilities (CN¥30.2M).
Debt to Equity History and Analysis
Debt Level: 000752 has more cash than its total debt.
Reducing Debt: 000752's debt to equity ratio has reduced from 67.3% to 0.7% over the past 5 years.
Debt Coverage: 000752's debt is well covered by operating cash flow (2673.2%).
Interest Coverage: 000752's interest payments on its debt are well covered by EBIT (26.8x coverage).