Tianyun International Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Tianyun International Holdings has a total shareholder equity of CN¥1.2B and total debt of CN¥123.7M, which brings its debt-to-equity ratio to 10.1%. Its total assets and total liabilities are CN¥1.5B and CN¥290.8M respectively. Tianyun International Holdings's EBIT is CN¥116.3M making its interest coverage ratio -20.4. It has cash and short-term investments of CN¥707.6M.
Key information
10.1%
Debt to equity ratio
CN¥123.74m
Debt
Interest coverage ratio | -20.4x |
Cash | CN¥707.57m |
Equity | CN¥1.23b |
Total liabilities | CN¥290.82m |
Total assets | CN¥1.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5Q3's short term assets (CN¥938.7M) exceed its short term liabilities (CN¥278.5M).
Long Term Liabilities: 5Q3's short term assets (CN¥938.7M) exceed its long term liabilities (CN¥12.3M).
Debt to Equity History and Analysis
Debt Level: 5Q3 has more cash than its total debt.
Reducing Debt: 5Q3's debt to equity ratio has reduced from 32.3% to 10.1% over the past 5 years.
Debt Coverage: 5Q3's debt is well covered by operating cash flow (109.7%).
Interest Coverage: 5Q3 earns more interest than it pays, so coverage of interest payments is not a concern.