Tande Balance Sheet Health
Financial Health criteria checks 5/6
Tande has a total shareholder equity of CN¥4.6B and total debt of CN¥14.8B, which brings its debt-to-equity ratio to 321.2%. Its total assets and total liabilities are CN¥37.3B and CN¥32.7B respectively. Tande's EBIT is CN¥533.9M making its interest coverage ratio 2368.9. It has cash and short-term investments of CN¥6.8B.
Key information
321.2%
Debt to equity ratio
CN¥14.85b
Debt
Interest coverage ratio | 2368.9x |
Cash | CN¥6.83b |
Equity | CN¥4.62b |
Total liabilities | CN¥32.72b |
Total assets | CN¥37.34b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600665's short term assets (CN¥35.6B) exceed its short term liabilities (CN¥23.7B).
Long Term Liabilities: 600665's short term assets (CN¥35.6B) exceed its long term liabilities (CN¥9.0B).
Debt to Equity History and Analysis
Debt Level: 600665's net debt to equity ratio (173.4%) is considered high.
Reducing Debt: 600665's debt to equity ratio has reduced from 342.5% to 321.2% over the past 5 years.
Debt Coverage: 600665's debt is well covered by operating cash flow (20.1%).
Interest Coverage: 600665's interest payments on its debt are well covered by EBIT (2368.9x coverage).