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¥128.3M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are CN¥2.6B and CN¥304.4M respectively.
Key information
5.6%
Debt to equity ratio
CN¥128.33m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥977.66m |
| Equity | CN¥2.29b |
| Total liabilities | CN¥304.40m |
| Total assets | CN¥2.59b |
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¥284.3M).
Long Term Liabilities: 04T's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥20.1M).
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 5.6% 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.