Tian Ge Interactive Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Tian Ge Interactive Holdings has a total shareholder equity of CN¥2.3B and total debt of CN¥135.1M, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are CN¥2.6B and CN¥307.1M respectively.
Key information
6.0%
Debt to equity ratio
CN¥135.08m
Debt
Interest coverage ratio | n/a |
Cash | CN¥948.72m |
Equity | CN¥2.25b |
Total liabilities | CN¥307.10m |
Total assets | CN¥2.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 04T's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥284.9M).
Long Term Liabilities: 04T's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥22.2M).
Debt to Equity History and Analysis
Debt Level: 04T has more cash than its total debt.
Reducing Debt: 04T's debt to equity ratio has increased from 0% to 6% over the past 5 years.
Debt Coverage: 04T's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 04T's interest payments on its debt are well covered by EBIT.