Taiji Computer Balance Sheet Health
Financial Health criteria checks 4/6
Taiji Computer has a total shareholder equity of CN¥5.3B and total debt of CN¥2.4B, which brings its debt-to-equity ratio to 44.8%. Its total assets and total liabilities are CN¥15.6B and CN¥10.3B respectively. Taiji Computer's EBIT is CN¥210.4M making its interest coverage ratio 5.2. It has cash and short-term investments of CN¥1.1B.
Key information
44.8%
Debt to equity ratio
CN¥2.40b
Debt
| Interest coverage ratio | 5.2x |
| Cash | CN¥1.07b |
| Equity | CN¥5.35b |
| Total liabilities | CN¥10.27b |
| Total assets | CN¥15.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002368's short term assets (CN¥11.8B) exceed its short term liabilities (CN¥10.0B).
Long Term Liabilities: 002368's short term assets (CN¥11.8B) exceed its long term liabilities (CN¥289.7M).
Debt to Equity History and Analysis
Debt Level: 002368's net debt to equity ratio (24.8%) is considered satisfactory.
Reducing Debt: 002368's debt to equity ratio has increased from 42.8% to 44.8% over the past 5 years.
Debt Coverage: 002368's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002368's interest payments on its debt are well covered by EBIT (5.2x coverage).