Tibet Urban Development and InvestmentLTD Balance Sheet Health
Financial Health criteria checks 3/6
Tibet Urban Development and InvestmentLTD has a total shareholder equity of CN¥4.5B and total debt of CN¥3.7B, which brings its debt-to-equity ratio to 81.9%. Its total assets and total liabilities are CN¥14.6B and CN¥10.1B respectively. Tibet Urban Development and InvestmentLTD's EBIT is CN¥3.3M making its interest coverage ratio 0. It has cash and short-term investments of CN¥914.5M.
Key information
81.9%
Debt to equity ratio
CN¥3.67b
Debt
| Interest coverage ratio | 0.02x |
| Cash | CN¥914.48m |
| Equity | CN¥4.48b |
| Total liabilities | CN¥10.11b |
| Total assets | CN¥14.59b |
Recent financial health updates
These 4 Measures Indicate That Tibet Urban Development and InvestmentLTD (SHSE:600773) Is Using Debt In A Risky Way
Aug 26
Tibet Urban Development and InvestmentLTD (SHSE:600773) Takes On Some Risk With Its Use Of Debt
May 28Recent updates
What Tibet Urban Development and Investment Co.,LTD's (SHSE:600773) 25% Share Price Gain Is Not Telling You
Nov 11These 4 Measures Indicate That Tibet Urban Development and InvestmentLTD (SHSE:600773) Is Using Debt In A Risky Way
Aug 26There's Reason For Concern Over Tibet Urban Development and Investment Co.,LTD's (SHSE:600773) Price
Jul 26Tibet Urban Development and InvestmentLTD (SHSE:600773) Takes On Some Risk With Its Use Of Debt
May 28Revenues Tell The Story For Tibet Urban Development and Investment Co.,LTD (SHSE:600773) As Its Stock Soars 26%
Mar 06Financial Position Analysis
Short Term Liabilities: 600773's short term assets (CN¥10.5B) exceed its short term liabilities (CN¥6.4B).
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 (61.5%) is considered high.
Reducing Debt: 600773's debt to equity ratio has reduced from 195.8% to 81.9% 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 not well covered by EBIT (0x coverage).