Sichuan Tianyi Comheart Telecom Balance Sheet Health
Financial Health criteria checks 6/6
Sichuan Tianyi Comheart Telecom has a total shareholder equity of CN¥2.3B and total debt of CN¥466.4K, which brings its debt-to-equity ratio to 0.02%. Its total assets and total liabilities are CN¥2.9B and CN¥623.1M respectively. Sichuan Tianyi Comheart Telecom's EBIT is CN¥89.8M making its interest coverage ratio -29.2. It has cash and short-term investments of CN¥428.0M.
Key information
0.02%
Debt to equity ratio
CN¥466.40k
Debt
Interest coverage ratio | -29.2x |
Cash | CN¥428.04m |
Equity | CN¥2.28b |
Total liabilities | CN¥623.13m |
Total assets | CN¥2.90b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300504's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥618.9M).
Long Term Liabilities: 300504's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥4.3M).
Debt to Equity History and Analysis
Debt Level: 300504 has more cash than its total debt.
Reducing Debt: 300504's debt to equity ratio has reduced from 1.1% to 0.02% over the past 5 years.
Debt Coverage: 300504's debt is well covered by operating cash flow (18416.5%).
Interest Coverage: 300504 earns more interest than it pays, so coverage of interest payments is not a concern.