Tong Tong AI Social Group Balance Sheet Health
Financial Health criteria checks 6/6
Tong Tong AI Social Group has a total shareholder equity of CN¥2.4B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.5B and CN¥55.4M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥212.06m |
| Equity | CN¥2.44b |
| Total liabilities | CN¥55.40m |
| Total assets | CN¥2.49b |
Financial Position Analysis
Short Term Liabilities: 628's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥55.4M).
Long Term Liabilities: 628 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 628 is debt free.
Reducing Debt: 628 has no debt compared to 5 years ago when its debt to equity ratio was 46.2%.
Debt Coverage: 628 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 628 has no debt, therefore coverage of interest payments is not a concern.