Beijing Tongrentang Balance Sheet Health
Financial Health criteria checks 4/6
Beijing Tongrentang has a total shareholder equity of CN¥20.5B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 14.3%. Its total assets and total liabilities are CN¥31.2B and CN¥10.7B respectively. Beijing Tongrentang's EBIT is CN¥2.8B making its interest coverage ratio -22.2. It has cash and short-term investments of CN¥10.9B.
Key information
14.3%
Debt to equity ratio
CN¥2.93b
Debt
| Interest coverage ratio | -22.2x |
| Cash | CN¥10.94b |
| Equity | CN¥20.51b |
| Total liabilities | CN¥10.73b |
| Total assets | CN¥31.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600085's short term assets (CN¥24.1B) exceed its short term liabilities (CN¥8.4B).
Long Term Liabilities: 600085's short term assets (CN¥24.1B) exceed its long term liabilities (CN¥2.3B).
Debt to Equity History and Analysis
Debt Level: 600085 has more cash than its total debt.
Reducing Debt: 600085's debt to equity ratio has increased from 10% to 14.3% over the past 5 years.
Debt Coverage: 600085's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600085 earns more interest than it pays, so coverage of interest payments is not a concern.