Tangrenshen Group Balance Sheet Health
Financial Health criteria checks 3/6
Tangrenshen Group has a total shareholder equity of CN¥5.8B and total debt of CN¥7.6B, which brings its debt-to-equity ratio to 132.2%. Its total assets and total liabilities are CN¥17.6B and CN¥11.9B respectively.
Key information
132.2%
Debt to equity ratio
CN¥7.62b
Debt
Interest coverage ratio | n/a |
Cash | CN¥2.47b |
Equity | CN¥5.76b |
Total liabilities | CN¥11.88b |
Total assets | CN¥17.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002567's short term assets (CN¥6.4B) exceed its short term liabilities (CN¥5.9B).
Long Term Liabilities: 002567's short term assets (CN¥6.4B) exceed its long term liabilities (CN¥6.0B).
Debt to Equity History and Analysis
Debt Level: 002567's net debt to equity ratio (89.4%) is considered high.
Reducing Debt: 002567's debt to equity ratio has increased from 36.7% to 132.2% 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.