Tian Lun Gas Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Tian Lun Gas Holdings has a total shareholder equity of CN¥6.1B and total debt of CN¥7.6B, which brings its debt-to-equity ratio to 123.9%. Its total assets and total liabilities are CN¥16.1B and CN¥10.0B respectively. Tian Lun Gas Holdings's EBIT is CN¥978.5M making its interest coverage ratio 2.7. It has cash and short-term investments of CN¥1.3B.
Key information
123.9%
Debt to equity ratio
CN¥7.60b
Debt
| Interest coverage ratio | 2.7x |
| Cash | CN¥1.30b |
| Equity | CN¥6.14b |
| Total liabilities | CN¥9.97b |
| Total assets | CN¥16.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TLJ's short term assets (CN¥6.2B) exceed its short term liabilities (CN¥5.2B).
Long Term Liabilities: TLJ's short term assets (CN¥6.2B) exceed its long term liabilities (CN¥4.8B).
Debt to Equity History and Analysis
Debt Level: TLJ's net debt to equity ratio (102.8%) is considered high.
Reducing Debt: TLJ's debt to equity ratio has reduced from 135.2% to 123.9% over the past 5 years.
Debt Coverage: TLJ's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: TLJ's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 06:10 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Tian Lun Gas Holdings Limited is covered by 15 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yuhao Hu | China International Capital Corporation Limited |
| Lesley Li | Citigroup Inc |
| Citi Research | Citigroup Inc |