Tongkun Group Balance Sheet Health
Financial Health criteria checks 2/6
Tongkun Group has a total shareholder equity of CN¥36.4B and total debt of CN¥61.7B, which brings its debt-to-equity ratio to 169.5%. Its total assets and total liabilities are CN¥112.1B and CN¥75.8B respectively. Tongkun Group's EBIT is CN¥1.3B making its interest coverage ratio 4.3. It has cash and short-term investments of CN¥15.4B.
Key information
169.5%
Debt to equity ratio
CN¥61.68b
Debt
Interest coverage ratio | 4.3x |
Cash | CN¥15.36b |
Equity | CN¥36.38b |
Total liabilities | CN¥75.75b |
Total assets | CN¥112.13b |
Recent financial health updates
These 4 Measures Indicate That Tongkun Group (SHSE:601233) Is Using Debt In A Risky Way
Jul 25Tongkun Group (SHSE:601233) Has Debt But No Earnings; Should You Worry?
Mar 28Recent updates
These 4 Measures Indicate That Tongkun Group (SHSE:601233) Is Using Debt In A Risky Way
Jul 25At CN¥15.06, Is Tongkun Group Co., Ltd. (SHSE:601233) Worth Looking At Closely?
Jul 12The Returns On Capital At Tongkun Group (SHSE:601233) Don't Inspire Confidence
May 22Tongkun Group's (SHSE:601233) Attractive Earnings Are Not All Good News For Shareholders
May 06Tongkun Group Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
May 01Tongkun Group (SHSE:601233) Has Debt But No Earnings; Should You Worry?
Mar 28Tongkun Group Co., Ltd. (SHSE:601233) Looks Inexpensive But Perhaps Not Attractive Enough
Mar 01Financial Position Analysis
Short Term Liabilities: 601233's short term assets (CN¥35.6B) do not cover its short term liabilities (CN¥53.3B).
Long Term Liabilities: 601233's short term assets (CN¥35.6B) exceed its long term liabilities (CN¥22.5B).
Debt to Equity History and Analysis
Debt Level: 601233's net debt to equity ratio (127.3%) is considered high.
Reducing Debt: 601233's debt to equity ratio has increased from 74.1% to 169.5% over the past 5 years.
Debt Coverage: 601233's debt is not well covered by operating cash flow (0.2%).
Interest Coverage: 601233's interest payments on its debt are well covered by EBIT (4.3x coverage).