TRS Information Technology Balance Sheet Health
Financial Health criteria checks 5/6
TRS Information Technology has a total shareholder equity of CN¥3.4B and total debt of CN¥27.0M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are CN¥3.7B and CN¥318.8M respectively. TRS Information Technology's EBIT is CN¥28.0M making its interest coverage ratio -2.6. It has cash and short-term investments of CN¥510.5M.
Key information
0.8%
Debt to equity ratio
CN¥26.97m
Debt
| Interest coverage ratio | -2.6x |
| Cash | CN¥510.51m |
| Equity | CN¥3.37b |
| Total liabilities | CN¥318.85m |
| Total assets | CN¥3.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300229's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥306.2M).
Long Term Liabilities: 300229's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥12.7M).
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 increased from 0% to 0.8% over the past 5 years.
Debt Coverage: 300229's debt is well covered by operating cash flow (237.4%).
Interest Coverage: 300229 earns more interest than it pays, so coverage of interest payments is not a concern.