Tong Ren Tang Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Tong Ren Tang Technologies has a total shareholder equity of CN¥9.8B and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 22.7%. Its total assets and total liabilities are CN¥14.3B and CN¥4.4B respectively. Tong Ren Tang Technologies's EBIT is CN¥1.1B making its interest coverage ratio -29.3. It has cash and short-term investments of CN¥4.4B.
Key information
22.7%
Debt to equity ratio
CN¥2.24b
Debt
| Interest coverage ratio | -29.3x |
| Cash | CN¥4.36b |
| Equity | CN¥9.85b |
| Total liabilities | CN¥4.44b |
| Total assets | CN¥14.29b |
Recent financial health updates
Is Tong Ren Tang Technologies (HKG:1666) Using Too Much Debt?
Sep 28
Here's Why Tong Ren Tang Technologies (HKG:1666) Can Manage Its Debt Responsibly
Mar 28Tong 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 21Recent updates
There's Reason For Concern Over Tong Ren Tang Technologies Co. Ltd.'s (HKG:1666) Massive 34% Price Jump
Oct 07Is Tong Ren Tang Technologies (HKG:1666) Using Too Much Debt?
Sep 28We Think You Should Be Aware Of Some Concerning Factors In Tong Ren Tang Technologies' (HKG:1666) Earnings
Sep 06Investor Optimism Abounds Tong Ren Tang Technologies Co. Ltd. (HKG:1666) But Growth Is Lacking
May 25Here'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¥10.8B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 1666's short term assets (CN¥10.8B) exceed its long term liabilities (CN¥1.9B).
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 increased from 12.9% to 22.7% over the past 5 years.
Debt Coverage: 1666's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1666 earns more interest than it pays, so coverage of interest payments is not a concern.