Tangrenshen Group Balance Sheet Health
Financial Health criteria checks 3/6
Tangrenshen Group has a total shareholder equity of CN¥6.0B and total debt of CN¥7.0B, which brings its debt-to-equity ratio to 116.3%. Its total assets and total liabilities are CN¥17.7B and CN¥11.7B respectively.
Key information
116.3%
Debt to equity ratio
CN¥7.01b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.02b |
| Equity | CN¥6.03b |
| Total liabilities | CN¥11.66b |
| Total assets | CN¥17.68b |
Recent financial health updates
Is Tangrenshen Group (SZSE:002567) Weighed On By Its Debt Load?
Oct 15
Is Tangrenshen Group (SZSE:002567) Using Debt Sensibly?
Jul 16Recent updates
Is Tangrenshen Group (SZSE:002567) Weighed On By Its Debt Load?
Oct 15Sentiment Still Eluding Tangrenshen Group Co., Ltd (SZSE:002567)
Aug 19Is Tangrenshen Group (SZSE:002567) Using Debt Sensibly?
Jul 16Even With A 29% Surge, Cautious Investors Are Not Rewarding Tangrenshen Group Co., Ltd's (SZSE:002567) Performance Completely
May 21Tangrenshen Group Co., Ltd's (SZSE:002567) Low P/S No Reason For Excitement
Mar 06Financial Position Analysis
Short Term Liabilities: 002567's short term assets (CN¥6.5B) exceed its short term liabilities (CN¥5.9B).
Long Term Liabilities: 002567's short term assets (CN¥6.5B) exceed its long term liabilities (CN¥5.8B).
Debt to Equity History and Analysis
Debt Level: 002567's net debt to equity ratio (82.7%) is considered high.
Reducing Debt: 002567's debt to equity ratio has increased from 37.4% to 116.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 002567 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 002567 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.