Beijing Tong Ren Tang Chinese Medicine Balance Sheet Health
Financial Health criteria checks 6/6
Beijing Tong Ren Tang Chinese Medicine has a total shareholder equity of HK$4.0B and total debt of HK$332.0K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are HK$4.4B and HK$413.8M respectively. Beijing Tong Ren Tang Chinese Medicine's EBIT is HK$622.3M making its interest coverage ratio -9.3. It has cash and short-term investments of HK$2.4B.
Key information
0.008%
Debt to equity ratio
HK$332.00k
Debt
| Interest coverage ratio | -9.3x |
| Cash | HK$2.40b |
| Equity | HK$4.02b |
| Total liabilities | HK$413.76m |
| Total assets | HK$4.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TQR's short term assets (HK$3.8B) exceed its short term liabilities (HK$329.9M).
Long Term Liabilities: TQR's short term assets (HK$3.8B) exceed its long term liabilities (HK$83.8M).
Debt to Equity History and Analysis
Debt Level: TQR has more cash than its total debt.
Reducing Debt: TQR's debt to equity ratio has reduced from 0.04% to 0.01% over the past 5 years.
Debt Coverage: TQR's debt is well covered by operating cash flow (138804.5%).
Interest Coverage: TQR earns more interest than it pays, so coverage of interest payments is not a concern.