TianJin 712 Communication & Broadcasting Balance Sheet Health
Financial Health criteria checks 5/6
TianJin 712 Communication & Broadcasting has a total shareholder equity of CN¥4.8B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 22.1%. Its total assets and total liabilities are CN¥9.8B and CN¥5.0B respectively. TianJin 712 Communication & Broadcasting's EBIT is CN¥365.8M making its interest coverage ratio -23.1. It has cash and short-term investments of CN¥1.3B.
Key information
22.1%
Debt to equity ratio
CN¥1.05b
Debt
Interest coverage ratio | -23.1x |
Cash | CN¥1.30b |
Equity | CN¥4.76b |
Total liabilities | CN¥5.01b |
Total assets | CN¥9.77b |
Recent financial health updates
Recent updates
TianJin 712 Communication & Broadcasting's (SHSE:603712) Problems Go Beyond Weak Profit
Apr 03TianJin 712 Communication & Broadcasting Co., Ltd. Just Missed EPS By 47%: Here's What Analysts Think Will Happen Next
Mar 31TianJin 712 Communication & Broadcasting (SHSE:603712) Seems To Use Debt Quite Sensibly
Mar 22Optimistic Investors Push TianJin 712 Communication & Broadcasting Co., Ltd. (SHSE:603712) Shares Up 26% But Growth Is Lacking
Mar 04Financial Position Analysis
Short Term Liabilities: 603712's short term assets (CN¥8.6B) exceed its short term liabilities (CN¥4.2B).
Long Term Liabilities: 603712's short term assets (CN¥8.6B) exceed its long term liabilities (CN¥792.5M).
Debt to Equity History and Analysis
Debt Level: 603712 has more cash than its total debt.
Reducing Debt: 603712's debt to equity ratio has reduced from 25.3% to 22.1% over the past 5 years.
Debt Coverage: 603712's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603712 earns more interest than it pays, so coverage of interest payments is not a concern.