Times China Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Times China Holdings has a total shareholder equity of CN¥14.8B and total debt of CN¥48.2B, which brings its debt-to-equity ratio to 325.1%. Its total assets and total liabilities are CN¥138.4B and CN¥123.6B respectively.
Key information
325.1%
Debt to equity ratio
CN¥48.17b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.17b |
| Equity | CN¥14.82b |
| Total liabilities | CN¥123.57b |
| Total assets | CN¥138.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1233's short term assets (CN¥109.3B) exceed its short term liabilities (CN¥96.1B).
Long Term Liabilities: 1233's short term assets (CN¥109.3B) exceed its long term liabilities (CN¥27.5B).
Debt to Equity History and Analysis
Debt Level: 1233's net debt to equity ratio (310.4%) is considered high.
Reducing Debt: 1233's debt to equity ratio has increased from 136.8% to 325.1% over the past 5 years.
Debt Coverage: 1233's debt is not well covered by operating cash flow (12%).
Interest Coverage: Insufficient data to determine if 1233's interest payments on its debt are well covered by EBIT.