Tibet Water Resources Balance Sheet Health
Financial Health criteria checks 4/6
Tibet Water Resources has a total shareholder equity of CN¥2.9B and total debt of CN¥756.7M, which brings its debt-to-equity ratio to 26.5%. Its total assets and total liabilities are CN¥4.0B and CN¥1.1B respectively.
Key information
26.5%
Debt to equity ratio
CN¥756.65m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥66.11m |
| Equity | CN¥2.86b |
| Total liabilities | CN¥1.13b |
| Total assets | CN¥3.99b |
Recent financial health updates
Is Tibet Water Resources (HKG:1115) Using Too Much Debt?
Oct 27
Tibet Water Resources (HKG:1115) Takes On Some Risk With Its Use Of Debt
Dec 03Tibet Water Resources (HKG:1115) Seems To Use Debt Quite Sensibly
Sep 01Recent updates
Tibet Water Resources Ltd.'s (HKG:1115) 27% Share Price Surge Not Quite Adding Up
Apr 04Is Tibet Water Resources (HKG:1115) Using Too Much Debt?
Oct 27Tibet Water Resources (HKG:1115) May Have Issues Allocating Its Capital
Jul 06Be Wary Of Tibet Water Resources (HKG:1115) And Its Returns On Capital
Mar 22Tibet Water Resources (HKG:1115) Takes On Some Risk With Its Use Of Debt
Dec 03Tibet Water Resources (HKG:1115) Seems To Use Debt Quite Sensibly
Sep 01Here's Why It's Unlikely That Tibet Water Resources Ltd.'s (HKG:1115) CEO Will See A Pay Rise This Year
Jun 24Robust Earnings May Not Tell The Whole Story For Tibet Water Resources (HKG:1115)
May 13Be Wary Of Tibet Water Resources (HKG:1115) And Its Returns On Capital
Dec 26
Reflecting on Tibet Water Resources' (HKG:1115) Share Price Returns Over The Last Three Years
Nov 21Financial Position Analysis
Short Term Liabilities: 1115's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 1115's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥69.1M).
Debt to Equity History and Analysis
Debt Level: 1115's net debt to equity ratio (24.2%) is considered satisfactory.
Reducing Debt: 1115's debt to equity ratio has reduced from 33.5% to 26.5% over the past 5 years.
Debt Coverage: 1115's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 1115's interest payments on its debt are well covered by EBIT.