TECON BIOLOGYLTD Balance Sheet Health
Financial Health criteria checks 5/6
TECON BIOLOGYLTD has a total shareholder equity of CN¥8.8B and total debt of CN¥5.2B, which brings its debt-to-equity ratio to 58.6%. Its total assets and total liabilities are CN¥16.6B and CN¥7.8B respectively.
Key information
58.6%
Debt to equity ratio
CN¥5.15b
Debt
Interest coverage ratio | n/a |
Cash | CN¥3.84b |
Equity | CN¥8.80b |
Total liabilities | CN¥7.82b |
Total assets | CN¥16.62b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002100's short term assets (CN¥9.0B) exceed its short term liabilities (CN¥5.5B).
Long Term Liabilities: 002100's short term assets (CN¥9.0B) exceed its long term liabilities (CN¥2.4B).
Debt to Equity History and Analysis
Debt Level: 002100's net debt to equity ratio (14.9%) is considered satisfactory.
Reducing Debt: 002100's debt to equity ratio has reduced from 76.4% to 58.6% over the past 5 years.
Debt Coverage: 002100's debt is well covered by operating cash flow (34.8%).
Interest Coverage: Insufficient data to determine if 002100's interest payments on its debt are well covered by EBIT.