TRS Information Technology Balance Sheet Health
Financial Health criteria checks 6/6
TRS Information Technology has a total shareholder equity of CN¥3.4B and total debt of CN¥30.6M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are CN¥3.7B and CN¥324.6M respectively. TRS Information Technology's EBIT is CN¥10.0M making its interest coverage ratio -0.6. It has cash and short-term investments of CN¥478.0M.
Key information
0.9%
Debt to equity ratio
CN¥30.60m
Debt
| Interest coverage ratio | -0.6x |
| Cash | CN¥478.01m |
| Equity | CN¥3.39b |
| Total liabilities | CN¥324.58m |
| Total assets | CN¥3.71b |
Recent financial health updates
No updates
Recent updates
We Think That There Are More Issues For TRS Information Technology (SZSE:300229) Than Just Sluggish Earnings
Apr 17
Investors Appear Satisfied With TRS Information Technology Co., Ltd.'s (SZSE:300229) Prospects As Shares Rocket 34%
Mar 01TRS Information Technology (SZSE:300229) Will Be Hoping To Turn Its Returns On Capital Around
Feb 27Financial Position Analysis
Short Term Liabilities: 300229's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥304.4M).
Long Term Liabilities: 300229's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥20.2M).
Debt to Equity History and Analysis
Debt Level: 300229 has more cash than its total debt.
Reducing Debt: 300229's debt to equity ratio has reduced from 2.3% to 0.9% over the past 5 years.
Debt Coverage: 300229's debt is well covered by operating cash flow (174.7%).
Interest Coverage: 300229 earns more interest than it pays, so coverage of interest payments is not a concern.