Xinjiang Tianshun Supply Chain Balance Sheet Health
Financial Health criteria checks 6/6
Xinjiang Tianshun Supply Chain has a total shareholder equity of CN¥540.9M and total debt of CN¥167.0M, which brings its debt-to-equity ratio to 30.9%. Its total assets and total liabilities are CN¥891.9M and CN¥351.1M respectively. Xinjiang Tianshun Supply Chain's EBIT is CN¥21.7M making its interest coverage ratio 3.3. It has cash and short-term investments of CN¥182.0M.
Key information
30.9%
Debt to equity ratio
CN¥166.98m
Debt
Interest coverage ratio | 3.3x |
Cash | CN¥182.02m |
Equity | CN¥540.85m |
Total liabilities | CN¥351.06m |
Total assets | CN¥891.92m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002800's short term assets (CN¥675.3M) exceed its short term liabilities (CN¥271.8M).
Long Term Liabilities: 002800's short term assets (CN¥675.3M) exceed its long term liabilities (CN¥79.2M).
Debt to Equity History and Analysis
Debt Level: 002800 has more cash than its total debt.
Reducing Debt: 002800's debt to equity ratio has reduced from 44.5% to 30.9% over the past 5 years.
Debt Coverage: 002800's debt is well covered by operating cash flow (98.5%).
Interest Coverage: 002800's interest payments on its debt are well covered by EBIT (3.3x coverage).