Shenzhen Topband Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Topband has a total shareholder equity of CN¥6.5B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 28.5%. Its total assets and total liabilities are CN¥12.3B and CN¥5.8B respectively. Shenzhen Topband's EBIT is CN¥502.3M making its interest coverage ratio 58.4. It has cash and short-term investments of CN¥2.9B.
Key information
28.5%
Debt to equity ratio
CN¥1.84b
Debt
Interest coverage ratio | 58.4x |
Cash | CN¥2.87b |
Equity | CN¥6.48b |
Total liabilities | CN¥5.77b |
Total assets | CN¥12.25b |
Recent financial health updates
Recent updates
Here's Why Shenzhen Topband (SZSE:002139) Can Manage Its Debt Responsibly
Jul 22Shenzhen Topband (SZSE:002139) Hasn't Managed To Accelerate Its Returns
Jul 04A Look At The Fair Value Of Shenzhen Topband Co., Ltd. (SZSE:002139)
May 28Shenzhen Topband (SZSE:002139) Has Announced A Dividend Of CN¥0.06
May 08Revenue Beat: Shenzhen Topband Co., Ltd. Exceeded Revenue Forecasts By 6.6% And Analysts Are Updating Their Estimates
Apr 25Earnings Miss: Shenzhen Topband Co., Ltd. Missed EPS By 11% And Analysts Are Revising Their Forecasts
Mar 29Shenzhen Topband (SZSE:002139) Could Be Struggling To Allocate Capital
Mar 21Shenzhen Topband Co., Ltd. (SZSE:002139) Stock Rockets 29% But Many Are Still Ignoring The Company
Mar 04Financial Position Analysis
Short Term Liabilities: 002139's short term assets (CN¥7.9B) exceed its short term liabilities (CN¥5.1B).
Long Term Liabilities: 002139's short term assets (CN¥7.9B) exceed its long term liabilities (CN¥712.9M).
Debt to Equity History and Analysis
Debt Level: 002139 has more cash than its total debt.
Reducing Debt: 002139's debt to equity ratio has reduced from 36.5% to 28.5% over the past 5 years.
Debt Coverage: 002139's debt is well covered by operating cash flow (75.3%).
Interest Coverage: 002139's interest payments on its debt are well covered by EBIT (58.4x coverage).