TianJin 712 Communication & Broadcasting Balance Sheet Health
Financial Health criteria checks 4/6
TianJin 712 Communication & Broadcasting has a total shareholder equity of CN¥4.7B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 23.8%. Its total assets and total liabilities are CN¥9.1B and CN¥4.4B respectively. TianJin 712 Communication & Broadcasting's EBIT is CN¥38.2M making its interest coverage ratio -1.7. It has cash and short-term investments of CN¥734.2M.
Key information
23.8%
Debt to equity ratio
CN¥1.12b
Debt
| Interest coverage ratio | -1.7x |
| Cash | CN¥734.18m |
| Equity | CN¥4.70b |
| Total liabilities | CN¥4.39b |
| Total assets | CN¥9.10b |
Recent financial health updates
Does TianJin 712 Communication & Broadcasting (SHSE:603712) Have A Healthy Balance Sheet?
Sep 23
These 4 Measures Indicate That TianJin 712 Communication & Broadcasting (SHSE:603712) Is Using Debt Extensively
Jun 20TianJin 712 Communication & Broadcasting (SHSE:603712) Seems To Use Debt Quite Sensibly
Mar 22Recent updates
TianJin 712 Communication & Broadcasting Co., Ltd.'s (SHSE:603712) P/E Is Still On The Mark Following 35% Share Price Bounce
Oct 21TianJin 712 Communication & Broadcasting's (SHSE:603712) Returns On Capital Not Reflecting Well On The Business
Oct 11Does TianJin 712 Communication & Broadcasting (SHSE:603712) Have A Healthy Balance Sheet?
Sep 23Analysts Have Just Cut Their TianJin 712 Communication & Broadcasting Co., Ltd. (SHSE:603712) Revenue Estimates By 17%
Sep 02Getting In Cheap On TianJin 712 Communication & Broadcasting Co., Ltd. (SHSE:603712) Might Be Difficult
Aug 14These 4 Measures Indicate That TianJin 712 Communication & Broadcasting (SHSE:603712) Is Using Debt Extensively
Jun 20The Returns At TianJin 712 Communication & Broadcasting (SHSE:603712) Aren't Growing
May 22TianJin 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¥7.9B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 603712's short term assets (CN¥7.9B) exceed its long term liabilities (CN¥955.4M).
Debt to Equity History and Analysis
Debt Level: 603712's net debt to equity ratio (8.2%) is considered satisfactory.
Reducing Debt: 603712's debt to equity ratio has increased from 18.1% to 23.8% over the past 5 years.
Debt Coverage: 603712's debt is not well covered by operating cash flow (3%).
Interest Coverage: 603712 earns more interest than it pays, so coverage of interest payments is not a concern.