Tianjin Tianbao Infrastructure Balance Sheet Health
Financial Health criteria checks 4/6
Tianjin Tianbao Infrastructure has a total shareholder equity of CN¥6.6B and total debt of CN¥3.6B, which brings its debt-to-equity ratio to 54.8%. Its total assets and total liabilities are CN¥14.5B and CN¥7.9B respectively. Tianjin Tianbao Infrastructure's EBIT is CN¥137.2M making its interest coverage ratio 15. It has cash and short-term investments of CN¥1.1B.
Key information
54.8%
Debt to equity ratio
CN¥3.59b
Debt
| Interest coverage ratio | 15x |
| Cash | CN¥1.11b |
| Equity | CN¥6.56b |
| Total liabilities | CN¥7.94b |
| Total assets | CN¥14.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000965's short term assets (CN¥11.9B) exceed its short term liabilities (CN¥5.2B).
Long Term Liabilities: 000965's short term assets (CN¥11.9B) exceed its long term liabilities (CN¥2.7B).
Debt to Equity History and Analysis
Debt Level: 000965's net debt to equity ratio (37.8%) is considered satisfactory.
Reducing Debt: 000965's debt to equity ratio has increased from 26.1% to 54.8% over the past 5 years.
Debt Coverage: 000965's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000965's interest payments on its debt are well covered by EBIT (15x coverage).