Tianshan Material Balance Sheet Health
Financial Health criteria checks 0/6
Tianshan Material has a total shareholder equity of CN¥99.6B and total debt of CN¥151.3B, which brings its debt-to-equity ratio to 151.9%. Its total assets and total liabilities are CN¥300.6B and CN¥200.9B respectively. Tianshan Material's EBIT is CN¥4.0B making its interest coverage ratio 1.2. It has cash and short-term investments of CN¥18.4B.
Key information
151.9%
Debt to equity ratio
CN¥151.31b
Debt
Interest coverage ratio | 1.2x |
Cash | CN¥18.41b |
Equity | CN¥99.63b |
Total liabilities | CN¥200.94b |
Total assets | CN¥300.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000877's short term assets (CN¥71.2B) do not cover its short term liabilities (CN¥111.6B).
Long Term Liabilities: 000877's short term assets (CN¥71.2B) do not cover its long term liabilities (CN¥89.3B).
Debt to Equity History and Analysis
Debt Level: 000877's net debt to equity ratio (133.4%) is considered high.
Reducing Debt: 000877's debt to equity ratio has increased from 48.8% to 151.9% over the past 5 years.
Debt Coverage: 000877's debt is not well covered by operating cash flow (9.3%).
Interest Coverage: 000877's interest payments on its debt are not well covered by EBIT (1.2x coverage).