TECON BIOLOGYLTD Balance Sheet Health
Financial Health criteria checks 4/6
TECON BIOLOGYLTD has a total shareholder equity of CN¥7.9B and total debt of CN¥6.4B, which brings its debt-to-equity ratio to 81.2%. Its total assets and total liabilities are CN¥17.2B and CN¥9.2B respectively.
Key information
81.2%
Debt to equity ratio
CN¥6.45b
Debt
Interest coverage ratio | n/a |
Cash | CN¥2.68b |
Equity | CN¥7.94b |
Total liabilities | CN¥9.23b |
Total assets | CN¥17.17b |
Financial Position Analysis
Short Term Liabilities: 002100's short term assets (CN¥9.4B) exceed its short term liabilities (CN¥7.1B).
Long Term Liabilities: 002100's short term assets (CN¥9.4B) exceed its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: 002100's net debt to equity ratio (47.4%) is considered high.
Reducing Debt: 002100's debt to equity ratio has reduced from 127.1% to 81.2% over the past 5 years.
Debt Coverage: 002100's debt is well covered by operating cash flow (30.1%).
Interest Coverage: Insufficient data to determine if 002100's interest payments on its debt are well covered by EBIT.