TDG Holding Balance Sheet Health
Financial Health criteria checks 6/6
TDG Holding has a total shareholder equity of CN¥8.1B and total debt of CN¥879.2M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are CN¥11.3B and CN¥3.2B respectively. TDG Holding's EBIT is CN¥151.9M making its interest coverage ratio -2.1. It has cash and short-term investments of CN¥2.7B.
Key information
10.8%
Debt to equity ratio
CN¥879.22m
Debt
Interest coverage ratio | -2.1x |
Cash | CN¥2.71b |
Equity | CN¥8.14b |
Total liabilities | CN¥3.21b |
Total assets | CN¥11.35b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600330's short term assets (CN¥6.5B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 600330's short term assets (CN¥6.5B) exceed its long term liabilities (CN¥134.5M).
Debt to Equity History and Analysis
Debt Level: 600330 has more cash than its total debt.
Reducing Debt: 600330's debt to equity ratio has reduced from 29.2% to 10.8% over the past 5 years.
Debt Coverage: 600330's debt is well covered by operating cash flow (37.6%).
Interest Coverage: 600330 earns more interest than it pays, so coverage of interest payments is not a concern.