Tianjin Printronics Circuit Balance Sheet Health
Financial Health criteria checks 4/6
Tianjin Printronics Circuit has a total shareholder equity of CN¥744.9M and total debt of CN¥231.9M, which brings its debt-to-equity ratio to 31.1%. Its total assets and total liabilities are CN¥1.6B and CN¥806.0M respectively. Tianjin Printronics Circuit's EBIT is CN¥43.7M making its interest coverage ratio 31.1. It has cash and short-term investments of CN¥58.0M.
Key information
31.1%
Debt to equity ratio
CN¥231.89m
Debt
| Interest coverage ratio | 31.1x |
| Cash | CN¥58.00m |
| Equity | CN¥744.86m |
| Total liabilities | CN¥805.99m |
| Total assets | CN¥1.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002134's short term assets (CN¥547.1M) do not cover its short term liabilities (CN¥578.2M).
Long Term Liabilities: 002134's short term assets (CN¥547.1M) exceed its long term liabilities (CN¥227.8M).
Debt to Equity History and Analysis
Debt Level: 002134's net debt to equity ratio (23.3%) is considered satisfactory.
Reducing Debt: 002134's debt to equity ratio has increased from 0% to 31.1% over the past 5 years.
Debt Coverage: 002134's debt is well covered by operating cash flow (21.8%).
Interest Coverage: 002134's interest payments on its debt are well covered by EBIT (31.1x coverage).