TianJin 712 Communication & Broadcasting Balance Sheet Health
Financial Health criteria checks 5/6
TianJin 712 Communication & Broadcasting has a total shareholder equity of CN¥4.8B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 25.2%. Its total assets and total liabilities are CN¥9.3B and CN¥4.5B respectively. TianJin 712 Communication & Broadcasting's EBIT is CN¥213.5M making its interest coverage ratio -20.8. It has cash and short-term investments of CN¥1.1B.
Key information
25.2%
Debt to equity ratio
CN¥1.21b
Debt
| Interest coverage ratio | -20.8x |
| Cash | CN¥1.10b |
| Equity | CN¥4.80b |
| Total liabilities | CN¥4.49b |
| Total assets | CN¥9.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603712's short term assets (CN¥8.1B) exceed its short term liabilities (CN¥3.5B).
Long Term Liabilities: 603712's short term assets (CN¥8.1B) exceed its long term liabilities (CN¥955.0M).
Debt to Equity History and Analysis
Debt Level: 603712's net debt to equity ratio (2.3%) is considered satisfactory.
Reducing Debt: 603712's debt to equity ratio has increased from 16.2% to 25.2% over the past 5 years.
Debt Coverage: 603712's debt is well covered by operating cash flow (36.3%).
Interest Coverage: 603712 earns more interest than it pays, so coverage of interest payments is not a concern.