Times China Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Times China Holdings has a total shareholder equity of CN¥7.7B and total debt of CN¥47.7B, which brings its debt-to-equity ratio to 618.3%. Its total assets and total liabilities are CN¥115.1B and CN¥107.4B respectively.
Key information
618.3%
Debt to equity ratio
CN¥47.68b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.54b |
| Equity | CN¥7.71b |
| Total liabilities | CN¥107.35b |
| Total assets | CN¥115.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: T2H's short term assets (CN¥89.2B) exceed its short term liabilities (CN¥87.2B).
Long Term Liabilities: T2H's short term assets (CN¥89.2B) exceed its long term liabilities (CN¥20.1B).
Debt to Equity History and Analysis
Debt Level: T2H's net debt to equity ratio (598.3%) is considered high.
Reducing Debt: T2H's debt to equity ratio has increased from 145.9% to 618.3% over the past 5 years.
Debt Coverage: T2H's debt is not well covered by operating cash flow (4.8%).
Interest Coverage: Insufficient data to determine if T2H's interest payments on its debt are well covered by EBIT.