Tianda Pharmaceuticals Balance Sheet Health
Financial Health criteria checks 4/6
Tianda Pharmaceuticals has a total shareholder equity of HK$544.4M and total debt of HK$91.9M, which brings its debt-to-equity ratio to 16.9%. Its total assets and total liabilities are HK$804.8M and HK$260.3M respectively.
Key information
16.9%
Debt to equity ratio
HK$91.90m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$103.77m |
| Equity | HK$544.43m |
| Total liabilities | HK$260.34m |
| Total assets | HK$804.77m |
Recent financial health updates
Is Tianda Pharmaceuticals (HKG:455) Using Debt In A Risky Way?
Jun 20
Is 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 11Recent updates
Tianda Pharmaceuticals Limited (HKG:455) Investors Are Less Pessimistic Than Expected
Aug 16Is Tianda Pharmaceuticals (HKG:455) Using Debt In A Risky Way?
Jun 20There'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$244.0M) do not cover its short term liabilities (HK$253.1M).
Long Term Liabilities: 455's short term assets (HK$244.0M) exceed its long term liabilities (HK$7.2M).
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 16.9% 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: 455 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 455 has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 10% each year.