Changsha Tongcheng HoldingsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Changsha Tongcheng HoldingsLtd has a total shareholder equity of CN¥3.7B and total debt of CN¥310.0M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are CN¥5.5B and CN¥1.8B respectively. Changsha Tongcheng HoldingsLtd's EBIT is CN¥139.4M making its interest coverage ratio -6.5. It has cash and short-term investments of CN¥1.1B.
Key information
8.3%
Debt to equity ratio
CN¥310.00m
Debt
| Interest coverage ratio | -6.5x |
| Cash | CN¥1.08b |
| Equity | CN¥3.75b |
| Total liabilities | CN¥1.80b |
| Total assets | CN¥5.55b |
Recent financial health updates
No updates
Recent updates
Insufficient Growth At Changsha Tongcheng Holdings Co.Ltd (SZSE:000419) Hampers Share Price
Sep 29
Changsha Tongcheng HoldingsLtd (SZSE:000419) Has Announced That Its Dividend Will Be Reduced To CN¥0.12
Aug 07We Think You Should Be Aware Of Some Concerning Factors In Changsha Tongcheng HoldingsLtd's (SZSE:000419) Earnings
May 02Investors Could Be Concerned With Changsha Tongcheng HoldingsLtd's (SZSE:000419) Returns On Capital
Apr 18Investors Don't See Light At End Of Changsha Tongcheng Holdings Co.Ltd's (SZSE:000419) Tunnel
Feb 27Financial Position Analysis
Short Term Liabilities: 000419's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 000419's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥702.4M).
Debt to Equity History and Analysis
Debt Level: 000419 has more cash than its total debt.
Reducing Debt: 000419's debt to equity ratio has reduced from 8.8% to 8.3% over the past 5 years.
Debt Coverage: 000419's debt is well covered by operating cash flow (46.1%).
Interest Coverage: 000419 earns more interest than it pays, so coverage of interest payments is not a concern.