Tibet Urban Development and InvestmentLTD Balance Sheet Health
Financial Health criteria checks 4/6
Tibet Urban Development and InvestmentLTD has a total shareholder equity of CN¥3.6B and total debt of CN¥3.8B, which brings its debt-to-equity ratio to 104.4%. Its total assets and total liabilities are CN¥14.5B and CN¥10.9B respectively. Tibet Urban Development and InvestmentLTD's EBIT is CN¥163.7M making its interest coverage ratio 163.3. It has cash and short-term investments of CN¥1.5B.
Key information
104.4%
Debt to equity ratio
CN¥3.78b
Debt
| Interest coverage ratio | 163.3x |
| Cash | CN¥1.46b |
| Equity | CN¥3.62b |
| Total liabilities | CN¥10.91b |
| Total assets | CN¥14.53b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600773's short term assets (CN¥10.5B) exceed its short term liabilities (CN¥7.2B).
Long Term Liabilities: 600773's short term assets (CN¥10.5B) exceed its long term liabilities (CN¥3.7B).
Debt to Equity History and Analysis
Debt Level: 600773's net debt to equity ratio (64%) is considered high.
Reducing Debt: 600773's debt to equity ratio has reduced from 178% to 104.4% over the past 5 years.
Debt Coverage: 600773's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600773's interest payments on its debt are well covered by EBIT (163.3x coverage).