Traffic Control Technology Balance Sheet Health
Financial Health criteria checks 6/6
Traffic Control Technology has a total shareholder equity of CN¥2.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥5.7B and CN¥3.0B respectively. Traffic Control Technology's EBIT is CN¥79.3M making its interest coverage ratio -7.7. It has cash and short-term investments of CN¥1.1B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -7.7x |
| Cash | CN¥1.07b |
| Equity | CN¥2.64b |
| Total liabilities | CN¥3.01b |
| Total assets | CN¥5.65b |
Recent financial health updates
No updates
Recent updates
Traffic Control Technology's (SHSE:688015) Anemic Earnings Might Be Worse Than You Think
Nov 06
There's Reason For Concern Over Traffic Control Technology Co., Ltd.'s (SHSE:688015) Massive 44% Price Jump
Oct 08Capital Allocation Trends At Traffic Control Technology (SHSE:688015) Aren't Ideal
Sep 29Traffic Control Technology Co., Ltd. (SHSE:688015) Stock Rockets 35% As Investors Are Less Pessimistic Than Expected
May 22Traffic Control Technology (SHSE:688015) Might Be Having Difficulty Using Its Capital Effectively
May 21Weak Statutory Earnings May Not Tell The Whole Story For Traffic Control Technology (SHSE:688015)
Apr 26Market Might Still Lack Some Conviction On Traffic Control Technology Co., Ltd. (SHSE:688015) Even After 27% Share Price Boost
Mar 07Financial Position Analysis
Short Term Liabilities: 688015's short term assets (CN¥4.1B) exceed its short term liabilities (CN¥2.8B).
Long Term Liabilities: 688015's short term assets (CN¥4.1B) exceed its long term liabilities (CN¥184.6M).
Debt to Equity History and Analysis
Debt Level: 688015 is debt free.
Reducing Debt: 688015 has no debt compared to 5 years ago when its debt to equity ratio was 6.3%.
Debt Coverage: 688015 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688015 has no debt, therefore coverage of interest payments is not a concern.