Tibet GaoZheng Explosive Balance Sheet Health
Financial Health criteria checks 4/6
Tibet GaoZheng Explosive has a total shareholder equity of CN¥1.1B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 108.8%. Its total assets and total liabilities are CN¥2.6B and CN¥1.6B respectively. Tibet GaoZheng Explosive's EBIT is CN¥157.3M making its interest coverage ratio 10.2. It has cash and short-term investments of CN¥773.3M.
Key information
108.8%
Debt to equity ratio
CN¥1.16b
Debt
| Interest coverage ratio | 10.2x |
| Cash | CN¥773.27m |
| Equity | CN¥1.06b |
| Total liabilities | CN¥1.59b |
| Total assets | CN¥2.65b |
Recent financial health updates
Recent updates
We Like These Underlying Return On Capital Trends At Tibet GaoZheng Explosive (SZSE:002827)
Jun 12
Tibet GaoZheng Explosive Co., Ltd.'s (SZSE:002827) 82% Price Boost Is Out Of Tune With Earnings
May 22Tibet GaoZheng Explosive (SZSE:002827) Seems To Use Debt Quite Sensibly
May 13Tibet GaoZheng Explosive Co., Ltd. (SZSE:002827) Stocks Shoot Up 26% But Its P/E Still Looks Reasonable
Mar 04Slowing Rates Of Return At Tibet GaoZheng Explosive (SZSE:002827) Leave Little Room For Excitement
Feb 28Financial Position Analysis
Short Term Liabilities: 002827's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥770.7M).
Long Term Liabilities: 002827's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥815.3M).
Debt to Equity History and Analysis
Debt Level: 002827's net debt to equity ratio (36.1%) is considered satisfactory.
Reducing Debt: 002827's debt to equity ratio has increased from 10.8% to 108.8% over the past 5 years.
Debt Coverage: 002827's debt is not well covered by operating cash flow (3.5%).
Interest Coverage: 002827's interest payments on its debt are well covered by EBIT (10.2x coverage).