Tong Ren Tang Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Tong Ren Tang Technologies has a total shareholder equity of CN¥9.7B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are CN¥13.5B and CN¥3.9B respectively. Tong Ren Tang Technologies's EBIT is CN¥1.1B making its interest coverage ratio -26.7. It has cash and short-term investments of CN¥4.2B.
Key information
15.1%
Debt to equity ratio
CN¥1.46b
Debt
| Interest coverage ratio | -26.7x |
| Cash | CN¥4.24b |
| Equity | CN¥9.65b |
| Total liabilities | CN¥3.86b |
| Total assets | CN¥13.51b |
Recent financial health updates
Here's Why Tong Ren Tang Technologies (HKG:1666) Can Manage Its Debt Responsibly
Mar 28
Tong Ren Tang Technologies (HKG:1666) Could Easily Take On More Debt
Oct 12Is Tong Ren Tang Technologies (HKG:1666) Using Too Much Debt?
Dec 01Here's Why Tong Ren Tang Technologies (HKG:1666) Can Manage Its Debt Responsibly
Aug 30Tong Ren Tang Technologies (HKG:1666) Seems To Use Debt Rather Sparingly
Apr 21We Think Tong Ren Tang Technologies (HKG:1666) Can Manage Its Debt With Ease
Dec 22Recent updates
Here's Why Tong Ren Tang Technologies (HKG:1666) Can Manage Its Debt Responsibly
Mar 28Subdued Growth No Barrier To Tong Ren Tang Technologies Co. Ltd.'s (HKG:1666) Price
Feb 01With EPS Growth And More, Tong Ren Tang Technologies (HKG:1666) Makes An Interesting Case
Dec 20Tong Ren Tang Technologies (HKG:1666) Could Easily Take On More Debt
Oct 12Is Tong Ren Tang Technologies Co. Ltd. (HKG:1666) Trading At A 38% Discount?
Sep 19Do Tong Ren Tang Technologies' (HKG:1666) Earnings Warrant Your Attention?
Apr 13Is Tong Ren Tang Technologies (HKG:1666) Using Too Much Debt?
Dec 01Here's Why Tong Ren Tang Technologies (HKG:1666) Can Manage Its Debt Responsibly
Aug 30Is Tong Ren Tang Technologies Co. Ltd. (HKG:1666) Trading At A 43% Discount?
Jul 11Tong Ren Tang Technologies (HKG:1666) Seems To Use Debt Rather Sparingly
Apr 21We Think Tong Ren Tang Technologies (HKG:1666) Can Manage Its Debt With Ease
Dec 22Tong Ren Tang Technologies (HKG:1666) Seems To Use Debt Rather Sparingly
Sep 06Is Tong Ren Tang Technologies (HKG:1666) Using Too Much Debt?
Apr 25Tong Ren Tang Technologies Co. Ltd.'s (HKG:1666) Intrinsic Value Is Potentially 22% Below Its Share Price
Mar 20Is Tong Ren Tang Technologies Co. Ltd. (HKG:1666) A Great Dividend Stock?
Feb 21Tong Ren Tang Technologies Co. Ltd.'s (HKG:1666) Has Performed Well But Fundamentals Look Varied: Is There A Clear Direction For The Stock?
Feb 03
If You Had Bought Tong Ren Tang Technologies' (HKG:1666) Shares Three Years Ago You Would Be Down 61%
Jan 16What Can We Learn About Tong Ren Tang Technologies' (HKG:1666) CEO Compensation?
Dec 28Does This Valuation Of Tong Ren Tang Technologies Co. Ltd. (HKG:1666) Imply Investors Are Overpaying?
Dec 15What Kind Of Shareholders Hold The Majority In Tong Ren Tang Technologies Co. Ltd.'s (HKG:1666) Shares?
Dec 02Financial Position Analysis
Short Term Liabilities: 1666's short term assets (CN¥10.1B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 1666's short term assets (CN¥10.1B) exceed its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 1666 has more cash than its total debt.
Reducing Debt: 1666's debt to equity ratio has reduced from 15.3% to 15.1% over the past 5 years.
Debt Coverage: 1666's debt is well covered by operating cash flow (71.5%).
Interest Coverage: 1666 earns more interest than it pays, so coverage of interest payments is not a concern.