Tangel Culture Balance Sheet Health
Financial Health criteria checks 5/6
Tangel Culture has a total shareholder equity of CN¥1.1B and total debt of CN¥92.6M, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are CN¥1.4B and CN¥273.5M respectively. Tangel Culture's EBIT is CN¥1.5M making its interest coverage ratio -0.1. It has cash and short-term investments of CN¥391.2M.
Key information
8.6%
Debt to equity ratio
CN¥92.61m
Debt
| Interest coverage ratio | -0.08x |
| Cash | CN¥391.19m |
| Equity | CN¥1.08b |
| Total liabilities | CN¥273.47m |
| Total assets | CN¥1.35b |
Recent financial health updates
No updates
Recent updates
Tangel Culture (SZSE:300148) Could Be Struggling To Allocate Capital
Dec 20
What Tangel Culture Co., Ltd.'s (SZSE:300148) 30% Share Price Gain Is Not Telling You
Nov 11Tangel Culture Co., Ltd.'s (SZSE:300148) 26% Share Price Surge Not Quite Adding Up
Sep 27Revenues Not Telling The Story For Tangel Culture Co., Ltd. (SZSE:300148) After Shares Rise 27%
Mar 06Financial Position Analysis
Short Term Liabilities: 300148's short term assets (CN¥719.3M) exceed its short term liabilities (CN¥117.1M).
Long Term Liabilities: 300148's short term assets (CN¥719.3M) exceed its long term liabilities (CN¥156.4M).
Debt to Equity History and Analysis
Debt Level: 300148 has more cash than its total debt.
Reducing Debt: 300148's debt to equity ratio has increased from 0.9% to 8.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 300148 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 300148 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 20.8% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 06:24 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tangel Culture Co., Ltd. is covered by 9 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Xin Zhang | AJ Securities Co., Ltd |
| Zhijian Chen | Changjiang Securities Co. LTD. |
| Yang Du | Chasing Securities |