TES Touch Embedded Solutions (Xiamen) Balance Sheet Health
Financial Health criteria checks 5/6
TES Touch Embedded Solutions (Xiamen) has a total shareholder equity of CN¥1.5B and total debt of CN¥252.0M, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are CN¥2.3B and CN¥848.3M respectively. TES Touch Embedded Solutions (Xiamen)'s EBIT is CN¥228.0M making its interest coverage ratio -51.8. It has cash and short-term investments of CN¥431.8M.
Key information
17.3%
Debt to equity ratio
CN¥251.99m
Debt
| Interest coverage ratio | -51.8x |
| Cash | CN¥431.79m |
| Equity | CN¥1.46b |
| Total liabilities | CN¥848.31m |
| Total assets | CN¥2.30b |
Recent financial health updates
No updates
Recent updates
TES Touch Embedded Solutions (Xiamen)'s (SZSE:003019) Dividend Is Being Reduced To CN¥0.45
Jun 05
Improved Earnings Required Before TES Touch Embedded Solutions (Xiamen) Co., Ltd. (SZSE:003019) Stock's 26% Jump Looks Justified
May 06TES Touch Embedded Solutions (Xiamen)'s (SZSE:003019) Soft Earnings Are Actually Better Than They Appear
May 05TES Touch Embedded Solutions (Xiamen) (SZSE:003019) Is Reinvesting At Lower Rates Of Return
Mar 25There's No Escaping TES Touch Embedded Solutions (Xiamen) Co., Ltd.'s (SZSE:003019) Muted Earnings Despite A 32% Share Price Rise
Mar 04Financial Position Analysis
Short Term Liabilities: 003019's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥770.3M).
Long Term Liabilities: 003019's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥78.0M).
Debt to Equity History and Analysis
Debt Level: 003019 has more cash than its total debt.
Reducing Debt: 003019's debt to equity ratio has increased from 11% to 17.3% over the past 5 years.
Debt Coverage: 003019's debt is well covered by operating cash flow (168.9%).
Interest Coverage: 003019 earns more interest than it pays, so coverage of interest payments is not a concern.