Talkweb Information SystemLtd Balance Sheet Health
Financial Health criteria checks 4/6
Talkweb Information SystemLtd has a total shareholder equity of CN¥2.7B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 56.2%. Its total assets and total liabilities are CN¥5.3B and CN¥2.6B respectively. Talkweb Information SystemLtd's EBIT is CN¥14.3M making its interest coverage ratio 4. It has cash and short-term investments of CN¥827.9M.
Key information
56.2%
Debt to equity ratio
CN¥1.53b
Debt
| Interest coverage ratio | 4x |
| Cash | CN¥827.95m |
| Equity | CN¥2.72b |
| Total liabilities | CN¥2.62b |
| Total assets | CN¥5.33b |
Recent financial health updates
These 4 Measures Indicate That Talkweb Information SystemLtd (SZSE:002261) Is Using Debt Extensively
May 29
Is Talkweb Information SystemLtd (SZSE:002261) Using Debt In A Risky Way?
Feb 29Recent updates
These 4 Measures Indicate That Talkweb Information SystemLtd (SZSE:002261) Is Using Debt Extensively
May 29Statutory Profit Doesn't Reflect How Good Talkweb Information SystemLtd's (SZSE:002261) Earnings Are
May 02There's Been No Shortage Of Growth Recently For Talkweb Information SystemLtd's (SZSE:002261) Returns On Capital
Apr 27Talkweb Information System Co.,Ltd.'s (SZSE:002261) 36% Share Price Surge Not Quite Adding Up
Mar 02Is Talkweb Information SystemLtd (SZSE:002261) Using Debt In A Risky Way?
Feb 29Financial Position Analysis
Short Term Liabilities: 002261's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 002261's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥489.7M).
Debt to Equity History and Analysis
Debt Level: 002261's net debt to equity ratio (25.7%) is considered satisfactory.
Reducing Debt: 002261's debt to equity ratio has increased from 4.9% to 56.2% over the past 5 years.
Debt Coverage: 002261's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002261's interest payments on its debt are well covered by EBIT (4x coverage).