Tsingtao Brewery Balance Sheet Health
Financial Health criteria checks 6/6
Tsingtao Brewery has a total shareholder equity of CN¥30.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥50.4B and CN¥19.7B respectively. Tsingtao Brewery's EBIT is CN¥4.5B making its interest coverage ratio -6.4. It has cash and short-term investments of CN¥25.2B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -6.4x |
| Cash | CN¥25.18b |
| Equity | CN¥30.67b |
| Total liabilities | CN¥19.70b |
| Total assets | CN¥50.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TSI's short term assets (CN¥29.1B) exceed its short term liabilities (CN¥15.6B).
Long Term Liabilities: TSI's short term assets (CN¥29.1B) exceed its long term liabilities (CN¥4.1B).
Debt to Equity History and Analysis
Debt Level: TSI is debt free.
Reducing Debt: TSI has no debt compared to 5 years ago when its debt to equity ratio was 2.4%.
Debt Coverage: TSI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TSI has no debt, therefore coverage of interest payments is not a concern.