TUHU Car Balance Sheet Health
Financial Health criteria checks 5/6
TUHU Car has a total shareholder equity of CN¥4.5B and total debt of CN¥8.5M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥11.8B and CN¥7.3B respectively. TUHU Car's EBIT is CN¥172.0M making its interest coverage ratio -1.6. It has cash and short-term investments of CN¥4.4B.
Key information
0.2%
Debt to equity ratio
CN¥8.51m
Debt
Interest coverage ratio | -1.6x |
Cash | CN¥4.41b |
Equity | CN¥4.46b |
Total liabilities | CN¥7.31b |
Total assets | CN¥11.76b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9690's short term assets (CN¥8.3B) exceed its short term liabilities (CN¥6.6B).
Long Term Liabilities: 9690's short term assets (CN¥8.3B) exceed its long term liabilities (CN¥704.0M).
Debt to Equity History and Analysis
Debt Level: 9690 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 9690's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9690's debt is well covered by operating cash flow (12002.5%).
Interest Coverage: 9690 earns more interest than it pays, so coverage of interest payments is not a concern.