Nanjing TDH TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Nanjing TDH TechnologyLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥3.0M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥1.6B and CN¥178.7M respectively. Nanjing TDH TechnologyLtd's EBIT is CN¥40.0M making its interest coverage ratio -4.9. It has cash and short-term investments of CN¥1.1B.
Key information
0.2%
Debt to equity ratio
CN¥3.00m
Debt
| Interest coverage ratio | -4.9x |
| Cash | CN¥1.07b |
| Equity | CN¥1.39b |
| Total liabilities | CN¥178.72m |
| Total assets | CN¥1.57b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301378's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥169.1M).
Long Term Liabilities: 301378's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥9.7M).
Debt to Equity History and Analysis
Debt Level: 301378 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 301378's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 301378's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 301378 earns more interest than it pays, so coverage of interest payments is not a concern.