TianJin 712 Communication & Broadcasting Balance Sheet Health
Financial Health criteria checks 3/6
TianJin 712 Communication & Broadcasting has a total shareholder equity of CN¥4.7B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 23.8%. Its total assets and total liabilities are CN¥9.1B and CN¥4.4B respectively.
Key information
23.8%
Debt to equity ratio
CN¥1.12b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥734.18m |
| Equity | CN¥4.70b |
| Total liabilities | CN¥4.39b |
| Total assets | CN¥9.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603712's short term assets (CN¥7.9B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 603712's short term assets (CN¥7.9B) exceed its long term liabilities (CN¥955.4M).
Debt to Equity History and Analysis
Debt Level: 603712's net debt to equity ratio (8.2%) is considered satisfactory.
Reducing Debt: 603712's debt to equity ratio has increased from 18.1% to 23.8% over the past 5 years.
Debt Coverage: 603712's debt is not well covered by operating cash flow (3%).
Interest Coverage: Insufficient data to determine if 603712's interest payments on its debt are well covered by EBIT.