Trina Solar Balance Sheet Health
Financial Health criteria checks 3/6
Trina Solar has a total shareholder equity of CN¥34.5B and total debt of CN¥50.5B, which brings its debt-to-equity ratio to 146.6%. Its total assets and total liabilities are CN¥135.5B and CN¥101.1B respectively. Trina Solar's EBIT is CN¥1.8B making its interest coverage ratio 1.4. It has cash and short-term investments of CN¥26.3B.
Key information
146.6%
Debt to equity ratio
CN¥50.52b
Debt
| Interest coverage ratio | 1.4x |
| Cash | CN¥26.33b |
| Equity | CN¥34.46b |
| Total liabilities | CN¥101.07b |
| Total assets | CN¥135.53b |
Recent financial health updates
Recent updates
Market Might Still Lack Some Conviction On Trina Solar Co., Ltd. (SHSE:688599) Even After 34% Share Price Boost
Oct 02
An Intrinsic Calculation For Trina Solar Co., Ltd. (SHSE:688599) Suggests It's 47% Undervalued
Sep 30Some May Be Optimistic About Trina Solar's (SHSE:688599) Earnings
Sep 06What You Need To Know About The Trina Solar Co., Ltd. (SHSE:688599) Analyst Downgrade Today
Sep 03Are Investors Undervaluing Trina Solar Co., Ltd. (SHSE:688599) By 44%?
Jun 14Is Trina Solar (SHSE:688599) A Risky Investment?
May 21Many Still Looking Away From Trina Solar Co., Ltd. (SHSE:688599)
Apr 23We Ran A Stock Scan For Earnings Growth And Trina Solar (SHSE:688599) Passed With Ease
Apr 05Trina Solar (SHSE:688599) Might Have The Makings Of A Multi-Bagger
Mar 14Financial Position Analysis
Short Term Liabilities: 688599's short term assets (CN¥81.8B) exceed its short term liabilities (CN¥62.1B).
Long Term Liabilities: 688599's short term assets (CN¥81.8B) exceed its long term liabilities (CN¥39.0B).
Debt to Equity History and Analysis
Debt Level: 688599's net debt to equity ratio (70.2%) is considered high.
Reducing Debt: 688599's debt to equity ratio has increased from 73.4% to 146.6% over the past 5 years.
Debt Coverage: 688599's debt is well covered by operating cash flow (34.8%).
Interest Coverage: 688599's interest payments on its debt are not well covered by EBIT (1.4x coverage).