Tianyu Digital Technology (Dalian) Group Balance Sheet Health
Financial Health criteria checks 6/6
Tianyu Digital Technology (Dalian) Group has a total shareholder equity of CN¥1.5B and total debt of CN¥9.2M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥2.0B and CN¥505.3M respectively. Tianyu Digital Technology (Dalian) Group's EBIT is CN¥9.8M making its interest coverage ratio 0.4. It has cash and short-term investments of CN¥377.8M.
Key information
0.6%
Debt to equity ratio
CN¥9.22m
Debt
| Interest coverage ratio | 0.4x |
| Cash | CN¥377.77m |
| Equity | CN¥1.47b |
| Total liabilities | CN¥505.30m |
| Total assets | CN¥1.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002354's short term assets (CN¥934.2M) exceed its short term liabilities (CN¥486.5M).
Long Term Liabilities: 002354's short term assets (CN¥934.2M) exceed its long term liabilities (CN¥18.8M).
Debt to Equity History and Analysis
Debt Level: 002354 has more cash than its total debt.
Reducing Debt: 002354's debt to equity ratio has reduced from 72.3% to 0.6% 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: 002354 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 002354 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 43.4% each year