Tianli International Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Tianli International Holdings has a total shareholder equity of CN¥2.3B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 75.3%. Its total assets and total liabilities are CN¥8.9B and CN¥6.6B respectively. Tianli International Holdings's EBIT is CN¥660.7M making its interest coverage ratio 10. It has cash and short-term investments of CN¥655.3M.
Key information
75.3%
Debt to equity ratio
CN¥1.73b
Debt
| Interest coverage ratio | 10x |
| Cash | CN¥655.34m |
| Equity | CN¥2.29b |
| Total liabilities | CN¥6.61b |
| Total assets | CN¥8.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1773's short term assets (CN¥1.5B) do not cover its short term liabilities (CN¥3.8B).
Long Term Liabilities: 1773's short term assets (CN¥1.5B) do not cover its long term liabilities (CN¥2.8B).
Debt to Equity History and Analysis
Debt Level: 1773's net debt to equity ratio (46.7%) is considered high.
Reducing Debt: 1773's debt to equity ratio has increased from 21.8% to 75.3% over the past 5 years.
Debt Coverage: 1773's debt is well covered by operating cash flow (48.3%).
Interest Coverage: 1773's interest payments on its debt are well covered by EBIT (10x coverage).