Shenzhen TVT Digital Technology Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen TVT Digital Technology has a total shareholder equity of CN¥981.0M and total debt of CN¥50.0M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are CN¥1.3B and CN¥289.7M respectively. Shenzhen TVT Digital Technology's EBIT is CN¥143.9M making its interest coverage ratio -235.4. It has cash and short-term investments of CN¥480.9M.
Key information
5.1%
Debt to equity ratio
CN¥50.04m
Debt
| Interest coverage ratio | -235.4x |
| Cash | CN¥480.86m |
| Equity | CN¥981.03m |
| Total liabilities | CN¥289.72m |
| Total assets | CN¥1.27b |
Recent financial health updates
No updates
Recent updates
We Think Shenzhen TVT Digital Technology's (SZSE:002835) Profit Is Only A Baseline For What They Can Achieve
May 05
Shenzhen TVT Digital Technology Co., Ltd. (SZSE:002835) Stock Rockets 31% As Investors Are Less Pessimistic Than Expected
Apr 25Shenzhen TVT Digital Technology Co., Ltd. (SZSE:002835) Surges 31% Yet Its Low P/E Is No Reason For Excitement
Mar 07Financial Position Analysis
Short Term Liabilities: 002835's short term assets (CN¥935.0M) exceed its short term liabilities (CN¥281.9M).
Long Term Liabilities: 002835's short term assets (CN¥935.0M) exceed its long term liabilities (CN¥7.8M).
Debt to Equity History and Analysis
Debt Level: 002835 has more cash than its total debt.
Reducing Debt: 002835's debt to equity ratio has increased from 0% to 5.1% over the past 5 years.
Debt Coverage: 002835's debt is well covered by operating cash flow (617.6%).
Interest Coverage: 002835 earns more interest than it pays, so coverage of interest payments is not a concern.