Tansun Technology Balance Sheet Health
Financial Health criteria checks 5/6
Tansun Technology has a total shareholder equity of CN¥2.7B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 40.8%. Its total assets and total liabilities are CN¥4.1B and CN¥1.5B respectively. Tansun Technology's EBIT is CN¥248.0M making its interest coverage ratio 41.2. It has cash and short-term investments of CN¥1.0B.
Key information
40.8%
Debt to equity ratio
CN¥1.08b
Debt
Interest coverage ratio | 41.2x |
Cash | CN¥1.03b |
Equity | CN¥2.66b |
Total liabilities | CN¥1.48b |
Total assets | CN¥4.14b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300872's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥553.6M).
Long Term Liabilities: 300872's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥929.0M).
Debt to Equity History and Analysis
Debt Level: 300872's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: 300872's debt to equity ratio has increased from 12% to 40.8% over the past 5 years.
Debt Coverage: 300872's debt is well covered by operating cash flow (25.3%).
Interest Coverage: 300872's interest payments on its debt are well covered by EBIT (41.2x coverage).