TPV Technology Balance Sheet Health
Financial Health criteria checks 5/6
TPV Technology has a total shareholder equity of CN¥9.5B and total debt of CN¥8.0B, which brings its debt-to-equity ratio to 83.8%. Its total assets and total liabilities are CN¥35.1B and CN¥25.6B respectively. TPV Technology's EBIT is CN¥1.9B making its interest coverage ratio -16.3. It has cash and short-term investments of CN¥5.1B.
Key information
83.8%
Debt to equity ratio
CN¥7.96b
Debt
Interest coverage ratio | -16.3x |
Cash | CN¥5.09b |
Equity | CN¥9.49b |
Total liabilities | CN¥25.56b |
Total assets | CN¥35.05b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 000727's short term assets (CN¥25.4B) exceed its short term liabilities (CN¥24.3B).
Long Term Liabilities: 000727's short term assets (CN¥25.4B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 000727's net debt to equity ratio (30.2%) is considered satisfactory.
Reducing Debt: 000727's debt to equity ratio has increased from 57.4% to 83.8% over the past 5 years.
Debt Coverage: 000727's debt is well covered by operating cash flow (23.9%).
Interest Coverage: 000727 earns more interest than it pays, so coverage of interest payments is not a concern.