Shenzhen TVT Digital Technology Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen TVT Digital Technology has a total shareholder equity of CN¥1.1B and total debt of CN¥11.0M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are CN¥1.4B and CN¥293.8M respectively. Shenzhen TVT Digital Technology's EBIT is CN¥189.8M making its interest coverage ratio -18.2. It has cash and short-term investments of CN¥592.0M.
Key information
1.0%
Debt to equity ratio
CN¥11.01m
Debt
| Interest coverage ratio | -18.2x |
| Cash | CN¥592.00m |
| Equity | CN¥1.13b |
| Total liabilities | CN¥293.78m |
| Total assets | CN¥1.43b |
Recent financial health updates
No updates
Recent updates
Shenzhen TVT Digital Technology's (SZSE:002835) Earnings Are Weaker Than They Seem
Nov 07
Shenzhen TVT Digital Technology (SZSE:002835) Might Have The Makings Of A Multi-Bagger
Sep 26We Think Shenzhen TVT Digital Technology's (SZSE:002835) Profit Is Only A Baseline For What They Can Achieve
May 05Shenzhen 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¥1.1B) exceed its short term liabilities (CN¥288.9M).
Long Term Liabilities: 002835's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥4.8M).
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 reduced from 7.1% to 1% over the past 5 years.
Debt Coverage: 002835's debt is well covered by operating cash flow (2214.3%).
Interest Coverage: 002835 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:42 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Shenzhen TVT Digital Technology Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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