Xinjiang TianyeLtd Balance Sheet Health
Financial Health criteria checks 1/6
Xinjiang TianyeLtd has a total shareholder equity of CN¥9.1B and total debt of CN¥7.9B, which brings its debt-to-equity ratio to 86.9%. Its total assets and total liabilities are CN¥20.3B and CN¥11.2B respectively.
Key information
86.9%
Debt to equity ratio
CN¥7.90b
Debt
Interest coverage ratio | n/a |
Cash | CN¥2.45b |
Equity | CN¥9.09b |
Total liabilities | CN¥11.24b |
Total assets | CN¥20.33b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600075's short term assets (CN¥3.8B) do not cover its short term liabilities (CN¥5.7B).
Long Term Liabilities: 600075's short term assets (CN¥3.8B) do not cover its long term liabilities (CN¥5.5B).
Debt to Equity History and Analysis
Debt Level: 600075's net debt to equity ratio (59.9%) is considered high.
Reducing Debt: 600075's debt to equity ratio has increased from 39% to 86.9% over the past 5 years.
Debt Coverage: 600075's debt is well covered by operating cash flow (22%).
Interest Coverage: Insufficient data to determine if 600075's interest payments on its debt are well covered by EBIT.