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¥4.5B and total debt of CN¥3.1B, which brings its debt-to-equity ratio to 67.9%. Its total assets and total liabilities are CN¥15.0B and CN¥10.5B respectively. Tibet Urban Development and InvestmentLTD's EBIT is CN¥86.5M making its interest coverage ratio 0.6. It has cash and short-term investments of CN¥1.6B.
Key information
67.9%
Debt to equity ratio
CN¥3.08b
Debt
| Interest coverage ratio | 0.6x |
| Cash | CN¥1.60b |
| Equity | CN¥4.53b |
| Total liabilities | CN¥10.46b |
| Total assets | CN¥14.99b |
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
These 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¥10.9B) exceed its short term liabilities (CN¥6.1B).
Long Term Liabilities: 600773's short term assets (CN¥10.9B) exceed its long term liabilities (CN¥4.3B).
Debt to Equity History and Analysis
Debt Level: 600773's net debt to equity ratio (32.5%) is considered satisfactory.
Reducing Debt: 600773's debt to equity ratio has reduced from 193.4% to 67.9% 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 (0.6x coverage).