Tongdao Liepin Group Balance Sheet Health
Financial Health criteria checks 4/6
Tongdao Liepin Group has a total shareholder equity of CN¥3.2B and total debt of CN¥20.2M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥4.5B and CN¥1.4B respectively.
Key information
0.6%
Debt to equity ratio
CN¥20.22m
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.95b |
Equity | CN¥3.17b |
Total liabilities | CN¥1.36b |
Total assets | CN¥4.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6WT's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 6WT's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥65.2M).
Debt to Equity History and Analysis
Debt Level: 6WT has more cash than its total debt.
Reducing Debt: 6WT's debt to equity ratio has increased from 0% to 0.6% over the past 5 years.
Debt Coverage: 6WT's debt is well covered by operating cash flow (90.6%).
Interest Coverage: Insufficient data to determine if 6WT's interest payments on its debt are well covered by EBIT.