Tofflon Science and Technology Group Balance Sheet Health
Financial Health criteria checks 5/6
Tofflon Science and Technology Group has a total shareholder equity of CN¥8.1B and total debt of CN¥3.0M, which brings its debt-to-equity ratio to 0.04%. Its total assets and total liabilities are CN¥13.1B and CN¥5.0B respectively. Tofflon Science and Technology Group's EBIT is CN¥93.2M making its interest coverage ratio -2.9. It has cash and short-term investments of CN¥2.9B.
Key information
0.04%
Debt to equity ratio
CN¥3.00m
Debt
| Interest coverage ratio | -2.9x |
| Cash | CN¥2.93b |
| Equity | CN¥8.05b |
| Total liabilities | CN¥5.03b |
| Total assets | CN¥13.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300171's short term assets (CN¥9.9B) exceed its short term liabilities (CN¥4.9B).
Long Term Liabilities: 300171's short term assets (CN¥9.9B) exceed its long term liabilities (CN¥168.7M).
Debt to Equity History and Analysis
Debt Level: 300171 has more cash than its total debt.
Reducing Debt: 300171's debt to equity ratio has increased from 0% to 0.04% over the past 5 years.
Debt Coverage: 300171's debt is well covered by operating cash flow (14908.8%).
Interest Coverage: 300171 earns more interest than it pays, so coverage of interest payments is not a concern.