Tianda Pharmaceuticals Balance Sheet Health
Financial Health criteria checks 3/6
Tianda Pharmaceuticals has a total shareholder equity of HK$591.9M and total debt of HK$104.9M, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are HK$917.3M and HK$325.4M respectively.
Key information
17.7%
Debt to equity ratio
HK$104.85m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$162.44m |
| Equity | HK$591.94m |
| Total liabilities | HK$325.35m |
| Total assets | HK$917.29m |
Recent financial health updates
Is Tianda Pharmaceuticals (HKG:455) Using Debt Sensibly?
May 23
Tianda Pharmaceuticals (HKG:455) Has Debt But No Earnings; Should You Worry?
Dec 06Does Tianda Pharmaceuticals (HKG:455) Have A Healthy Balance Sheet?
Jan 11Does Tianda Pharmaceuticals (HKG:455) Have A Healthy Balance Sheet?
Aug 05Is Tianda Pharmaceuticals (HKG:455) Using Too Much Debt?
Dec 11Recent updates
There's Reason For Concern Over Tianda Pharmaceuticals Limited's (HKG:455) Massive 26% Price Jump
Mar 27Estimating The Fair Value Of Tianda Pharmaceuticals Limited (HKG:455)
Mar 02Is Tianda Pharmaceuticals (HKG:455) Using Debt Sensibly?
May 23Tianda Pharmaceuticals (HKG:455) Has Debt But No Earnings; Should You Worry?
Dec 06Does Tianda Pharmaceuticals (HKG:455) Have A Healthy Balance Sheet?
Jan 11Does Tianda Pharmaceuticals (HKG:455) Have A Healthy Balance Sheet?
Aug 05Is Tianda Pharmaceuticals (HKG:455) Using Too Much Debt?
Dec 11Financial Position Analysis
Short Term Liabilities: 455's short term assets (HK$344.2M) exceed its short term liabilities (HK$313.3M).
Long Term Liabilities: 455's short term assets (HK$344.2M) exceed its long term liabilities (HK$12.0M).
Debt to Equity History and Analysis
Debt Level: 455 has more cash than its total debt.
Reducing Debt: 455's debt to equity ratio has increased from 0% to 17.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 455 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 455 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.