Tongyu Communication Balance Sheet Health
Financial Health criteria checks 4/6
Tongyu Communication has a total shareholder equity of CN¥2.8B and total debt of CN¥82.9M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are CN¥3.7B and CN¥911.8M respectively. Tongyu Communication's EBIT is CN¥20.6M making its interest coverage ratio -0.2. It has cash and short-term investments of CN¥1.6B.
Key information
3.0%
Debt to equity ratio
CN¥82.94m
Debt
Interest coverage ratio | -0.2x |
Cash | CN¥1.63b |
Equity | CN¥2.80b |
Total liabilities | CN¥911.77m |
Total assets | CN¥3.71b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002792's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥877.4M).
Long Term Liabilities: 002792's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥34.4M).
Debt to Equity History and Analysis
Debt Level: 002792 has more cash than its total debt.
Reducing Debt: 002792's debt to equity ratio has increased from 0.8% to 3% over the past 5 years.
Debt Coverage: 002792's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002792 earns more interest than it pays, so coverage of interest payments is not a concern.