Ningbo Tianlong Electronics Balance Sheet Health
Financial Health criteria checks 6/6
Ningbo Tianlong Electronics has a total shareholder equity of CN¥1.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.0B and CN¥532.1M respectively. Ningbo Tianlong Electronics's EBIT is CN¥126.2M making its interest coverage ratio -69.3. It has cash and short-term investments of CN¥436.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -69.3x |
| Cash | CN¥436.72m |
| Equity | CN¥1.47b |
| Total liabilities | CN¥532.07m |
| Total assets | CN¥2.00b |
Recent financial health updates
No updates
Recent updates
Optimistic Investors Push Ningbo Tianlong Electronics Co., Ltd. (SHSE:603266) Shares Up 25% But Growth Is Lacking
Nov 06
Ningbo Tianlong Electronics (SHSE:603266) Is Looking To Continue Growing Its Returns On Capital
Sep 30Some May Be Optimistic About Ningbo Tianlong Electronics' (SHSE:603266) Earnings
May 06The Returns On Capital At Ningbo Tianlong Electronics (SHSE:603266) Don't Inspire Confidence
Apr 15Ningbo Tianlong Electronics Co., Ltd. (SHSE:603266) May Have Run Too Fast Too Soon With Recent 28% Price Plummet
Apr 15Getting In Cheap On Ningbo Tianlong Electronics Co., Ltd. (SHSE:603266) Is Unlikely
Feb 28Financial Position Analysis
Short Term Liabilities: 603266's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥450.6M).
Long Term Liabilities: 603266's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥81.4M).
Debt to Equity History and Analysis
Debt Level: 603266 is debt free.
Reducing Debt: 603266 had no debt 5 years ago.
Debt Coverage: 603266 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603266 has no debt, therefore coverage of interest payments is not a concern.