Tsingtao Brewery Balance Sheet Health
Financial Health criteria checks 6/6
Tsingtao Brewery has a total shareholder equity of CN¥30.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥50.4B and CN¥19.7B respectively. Tsingtao Brewery's EBIT is CN¥4.5B making its interest coverage ratio -6.4. It has cash and short-term investments of CN¥25.2B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -6.4x |
| Cash | CN¥25.18b |
| Equity | CN¥30.67b |
| Total liabilities | CN¥19.70b |
| Total assets | CN¥50.37b |
Recent financial health updates
Does Tsingtao Brewery (HKG:168) Have A Healthy Balance Sheet?
Jul 16
Does Tsingtao Brewery (HKG:168) Have A Healthy Balance Sheet?
Apr 17We Think Tsingtao Brewery (HKG:168) Can Manage Its Debt With Ease
Jan 03Is Tsingtao Brewery (HKG:168) Using Too Much Debt?
Sep 20Is Tsingtao Brewery (HKG:168) Using Too Much Debt?
Jun 16These 4 Measures Indicate That Tsingtao Brewery (HKG:168) Is Using Debt Safely
Mar 08Recent updates
Why Tsingtao Brewery's (HKG:168) Soft Earnings Are Just The Beginning Of Its Problems
Nov 05Earnings Miss: Tsingtao Brewery Company Limited Missed EPS By 24% And Analysts Are Revising Their Forecasts
Oct 31Is There An Opportunity With Tsingtao Brewery Company Limited's (HKG:168) 41% Undervaluation?
Oct 15Subdued Growth No Barrier To Tsingtao Brewery Company Limited (HKG:168) With Shares Advancing 30%
Sep 27Most Shareholders Will Probably Agree With Tsingtao Brewery Company Limited's (HKG:168) CEO Compensation
Jun 21Analysts Are Updating Their Tsingtao Brewery Company Limited (HKG:168) Estimates After Its First-Quarter Results
May 01Tsingtao Brewery's (HKG:168) Performance Raises Some Questions
Apr 02Analysts Are Updating Their Tsingtao Brewery Company Limited (HKG:168) Estimates After Its Full-Year Results
Mar 28An Intrinsic Calculation For Tsingtao Brewery Company Limited (HKG:168) Suggests It's 47% Undervalued
Mar 14Returns At Tsingtao Brewery (HKG:168) Are On The Way Up
Feb 26Getting In Cheap On Tsingtao Brewery Company Limited (HKG:168) Is Unlikely
Jan 18Tsingtao Brewery (HKG:168) Is Looking To Continue Growing Its Returns On Capital
Nov 14What Is Tsingtao Brewery Company Limited's (HKG:168) Share Price Doing?
Oct 03Tsingtao Brewery (HKG:168) Is Looking To Continue Growing Its Returns On Capital
Aug 10Calculating The Intrinsic Value Of Tsingtao Brewery Company Limited (HKG:168)
Jul 28Does Tsingtao Brewery (HKG:168) Have A Healthy Balance Sheet?
Jul 16Do Tsingtao Brewery's (HKG:168) Earnings Warrant Your Attention?
Jul 04When Should You Buy Tsingtao Brewery Company Limited (HKG:168)?
Jun 09Tsingtao Brewery (HKG:168) Is Experiencing Growth In Returns On Capital
May 02Does Tsingtao Brewery (HKG:168) Have A Healthy Balance Sheet?
Apr 17Calculating The Intrinsic Value Of Tsingtao Brewery Company Limited (HKG:168)
Apr 03Should You Be Adding Tsingtao Brewery (HKG:168) To Your Watchlist Today?
Mar 21Tsingtao Brewery (HKG:168) Might Have The Makings Of A Multi-Bagger
Jan 19We Think Tsingtao Brewery (HKG:168) Can Manage Its Debt With Ease
Jan 03Do Tsingtao Brewery's (HKG:168) Earnings Warrant Your Attention?
Dec 21Should You Investigate Tsingtao Brewery Company Limited (HKG:168) At HK$74.35?
Dec 07A Look At The Fair Value Of Tsingtao Brewery Company Limited (HKG:168)
Oct 17Tsingtao Brewery (HKG:168) Might Have The Makings Of A Multi-Bagger
Oct 04Is Tsingtao Brewery (HKG:168) Using Too Much Debt?
Sep 20If EPS Growth Is Important To You, Tsingtao Brewery (HKG:168) Presents An Opportunity
Aug 24Calculating The Intrinsic Value Of Tsingtao Brewery Company Limited (HKG:168)
Jul 16Tsingtao Brewery (HKG:168) Is Increasing Its Dividend To HK$1.29
Jul 03We Like These Underlying Return On Capital Trends At Tsingtao Brewery (HKG:168)
Jun 28Is Tsingtao Brewery (HKG:168) Using Too Much Debt?
Jun 16With EPS Growth And More, Tsingtao Brewery (HKG:168) Is Interesting
May 23When Should You Buy Tsingtao Brewery Company Limited (HKG:168)?
May 11Calculating The Intrinsic Value Of Tsingtao Brewery Company Limited (HKG:168)
Apr 15Tsingtao Brewery (HKG:168) Might Have The Makings Of A Multi-Bagger
Mar 22These 4 Measures Indicate That Tsingtao Brewery (HKG:168) Is Using Debt Safely
Mar 08Do Tsingtao Brewery's (HKG:168) Earnings Warrant Your Attention?
Feb 12When Should You Buy Tsingtao Brewery Company Limited (HKG:168)?
Jan 31A Look At The Fair Value Of Tsingtao Brewery Company Limited (HKG:168)
Jan 07Returns On Capital Are Showing Encouraging Signs At Tsingtao Brewery (HKG:168)
Dec 14Is Tsingtao Brewery Company Limited (HKG:168) Potentially Undervalued?
Oct 26Financial Position Analysis
Short Term Liabilities: 168's short term assets (CN¥29.1B) exceed its short term liabilities (CN¥15.6B).
Long Term Liabilities: 168's short term assets (CN¥29.1B) exceed its long term liabilities (CN¥4.1B).
Debt to Equity History and Analysis
Debt Level: 168 is debt free.
Reducing Debt: 168 has no debt compared to 5 years ago when its debt to equity ratio was 2.4%.
Debt Coverage: 168 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 168 has no debt, therefore coverage of interest payments is not a concern.