Tianjin Printronics Circuit Balance Sheet Health
Financial Health criteria checks 3/6
Tianjin Printronics Circuit has a total shareholder equity of CN¥750.6M and total debt of CN¥490.9M, which brings its debt-to-equity ratio to 65.4%. Its total assets and total liabilities are CN¥2.0B and CN¥1.2B respectively. Tianjin Printronics Circuit's EBIT is CN¥60.7M making its interest coverage ratio 6.6. It has cash and short-term investments of CN¥130.5M.
Key information
65.4%
Debt to equity ratio
CN¥490.89m
Debt
| Interest coverage ratio | 6.6x |
| Cash | CN¥130.52m |
| Equity | CN¥750.64m |
| Total liabilities | CN¥1.20b |
| Total assets | CN¥1.95b |
Recent financial health updates
Recent updates
Is Tianjin Printronics Circuit (SZSE:002134) A Risky Investment?
Nov 13
Tianjin Printronics Circuit Corporation's (SZSE:002134) 49% Share Price Surge Not Quite Adding Up
Oct 10The Return Trends At Tianjin Printronics Circuit (SZSE:002134) Look Promising
Sep 26With EPS Growth And More, Tianjin Printronics Circuit (SZSE:002134) Makes An Interesting Case
Jul 15Tianjin Printronics Circuit's (SZSE:002134) Strong Earnings Are Of Good Quality
Apr 25Tianjin Printronics Circuit's (SZSE:002134) Returns On Capital Are Heading Higher
Apr 17Subdued Growth No Barrier To Tianjin Printronics Circuit Corporation (SZSE:002134) With Shares Advancing 31%
Mar 08Financial Position Analysis
Short Term Liabilities: 002134's short term assets (CN¥734.7M) exceed its short term liabilities (CN¥717.4M).
Long Term Liabilities: 002134's short term assets (CN¥734.7M) exceed its long term liabilities (CN¥486.7M).
Debt to Equity History and Analysis
Debt Level: 002134's net debt to equity ratio (48%) is considered high.
Reducing Debt: 002134's debt to equity ratio has increased from 0.6% to 65.4% over the past 5 years.
Debt Coverage: 002134's debt is not well covered by operating cash flow (6.4%).
Interest Coverage: 002134's interest payments on its debt are well covered by EBIT (6.6x coverage).