China Tianbao Group Development Balance Sheet Health
Financial Health criteria checks 1/6
China Tianbao Group Development has a total shareholder equity of CN¥1.0B and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 103.1%. Its total assets and total liabilities are CN¥6.1B and CN¥5.1B respectively. China Tianbao Group Development's EBIT is CN¥124.5M making its interest coverage ratio 2.1. It has cash and short-term investments of CN¥252.5M.
Key information
103.1%
Debt to equity ratio
CN¥1.05b
Debt
Interest coverage ratio | 2.1x |
Cash | CN¥252.49m |
Equity | CN¥1.01b |
Total liabilities | CN¥5.06b |
Total assets | CN¥6.07b |
Recent financial health updates
Is China Tianbao Group Development (HKG:1427) Using Too Much Debt?
Oct 13Is China Tianbao Group Development (HKG:1427) A Risky Investment?
Jun 29China Tianbao Group Development (HKG:1427) Use Of Debt Could Be Considered Risky
Dec 09Is China Tianbao Group Development (HKG:1427) A Risky Investment?
Apr 12Recent updates
China Tianbao Group Development's (HKG:1427) Earnings May Just Be The Starting Point
May 01Is China Tianbao Group Development (HKG:1427) Using Too Much Debt?
Oct 13Is China Tianbao Group Development (HKG:1427) A Risky Investment?
Jun 29China Tianbao Group Development (HKG:1427) Use Of Debt Could Be Considered Risky
Dec 09China Tianbao Group Development's (HKG:1427) Shareholders Have More To Worry About Than Only Soft Earnings
Sep 22Is China Tianbao Group Development (HKG:1427) A Risky Investment?
Apr 12Is China Tianbao Group Development Company Limited's(HKG:1427) Recent Stock Performance Tethered To Its Strong Fundamentals?
Mar 09What Percentage Of China Tianbao Group Development Company Limited (HKG:1427) Shares Do Insiders Own?
Feb 10Introducing China Tianbao Group Development (HKG:1427), A Stock That Climbed 35% In The Last Year
Jan 15Could The Market Be Wrong About China Tianbao Group Development Company Limited (HKG:1427) Given Its Attractive Financial Prospects?
Nov 29Financial Position Analysis
Short Term Liabilities: 1427's short term assets (CN¥4.4B) do not cover its short term liabilities (CN¥4.5B).
Long Term Liabilities: 1427's short term assets (CN¥4.4B) exceed its long term liabilities (CN¥531.9M).
Debt to Equity History and Analysis
Debt Level: 1427's net debt to equity ratio (78.2%) is considered high.
Reducing Debt: 1427's debt to equity ratio has increased from 54.4% to 103.1% over the past 5 years.
Debt Coverage: 1427's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1427's interest payments on its debt are not well covered by EBIT (2.1x coverage).