Taiji Computer Balance Sheet Health
Financial Health criteria checks 4/6
Taiji Computer has a total shareholder equity of CN¥5.5B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 38.9%. Its total assets and total liabilities are CN¥15.9B and CN¥10.4B respectively. Taiji Computer's EBIT is CN¥409.7M making its interest coverage ratio 14.7. It has cash and short-term investments of CN¥1.1B.
Key information
38.9%
Debt to equity ratio
CN¥2.14b
Debt
Interest coverage ratio | 14.7x |
Cash | CN¥1.08b |
Equity | CN¥5.50b |
Total liabilities | CN¥10.41b |
Total assets | CN¥15.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002368's short term assets (CN¥12.2B) exceed its short term liabilities (CN¥10.1B).
Long Term Liabilities: 002368's short term assets (CN¥12.2B) exceed its long term liabilities (CN¥282.0M).
Debt to Equity History and Analysis
Debt Level: 002368's net debt to equity ratio (19.3%) is considered satisfactory.
Reducing Debt: 002368's debt to equity ratio has increased from 21.9% to 38.9% 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 (14.7x coverage).