Tangrenshen Group Balance Sheet Health
Financial Health criteria checks 2/6
Tangrenshen Group has a total shareholder equity of CN¥6.0B and total debt of CN¥5.8B, which brings its debt-to-equity ratio to 97.6%. Its total assets and total liabilities are CN¥17.0B and CN¥11.0B respectively.
Key information
97.6%
Debt to equity ratio
CN¥5.84b
Debt
Interest coverage ratio | n/a |
Cash | CN¥2.10b |
Equity | CN¥5.98b |
Total liabilities | CN¥11.03b |
Total assets | CN¥17.01b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002567's short term assets (CN¥5.7B) exceed its short term liabilities (CN¥5.4B).
Long Term Liabilities: 002567's short term assets (CN¥5.7B) exceed its long term liabilities (CN¥5.6B).
Debt to Equity History and Analysis
Debt Level: 002567's net debt to equity ratio (62.4%) is considered high.
Reducing Debt: 002567's debt to equity ratio has increased from 29.9% to 97.6% over the past 5 years.
Debt Coverage: 002567's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: Insufficient data to determine if 002567's interest payments on its debt are well covered by EBIT.