Taizhou Water Group Balance Sheet Health
Financial Health criteria checks 0/6
Taizhou Water Group has a total shareholder equity of CN¥1.0B and total debt of CN¥3.6B, which brings its debt-to-equity ratio to 353.9%. Its total assets and total liabilities are CN¥5.8B and CN¥4.8B respectively. Taizhou Water Group's EBIT is CN¥61.8M making its interest coverage ratio 0.5. It has cash and short-term investments of CN¥349.2M.
Key information
353.9%
Debt to equity ratio
CN¥3.64b
Debt
| Interest coverage ratio | 0.5x |
| Cash | CN¥349.16m |
| Equity | CN¥1.03b |
| Total liabilities | CN¥4.77b |
| Total assets | CN¥5.80b |
Recent financial health updates
Is Taizhou Water Group (HKG:1542) A Risky Investment?
Dec 19
Taizhou Water Group (HKG:1542) Use Of Debt Could Be Considered Risky
Nov 16Does Taizhou Water Group (HKG:1542) Have A Healthy Balance Sheet?
Apr 03Recent updates
Taizhou Water Group Co., Ltd. (HKG:1542) May Have Run Too Fast Too Soon With Recent 26% Price Plummet
Dec 20Is Taizhou Water Group (HKG:1542) A Risky Investment?
Dec 19Be Wary Of Taizhou Water Group (HKG:1542) And Its Returns On Capital
Oct 11Be Wary Of Taizhou Water Group (HKG:1542) And Its Returns On Capital
Dec 28Taizhou Water Group (HKG:1542) Use Of Debt Could Be Considered Risky
Nov 16Taizhou Water Group (HKG:1542) Will Want To Turn Around Its Return Trends
Aug 31A Look At The Intrinsic Value Of Taizhou Water Group Co., Ltd. (HKG:1542)
Feb 23Taizhou Water Group (HKG:1542) May Have Issues Allocating Its Capital
Aug 26Taizhou Water Group (HKG:1542) Has Some Way To Go To Become A Multi-Bagger
Jun 03Does Taizhou Water Group (HKG:1542) Have A Healthy Balance Sheet?
Apr 03The Attractive Combination That Could Earn Taizhou Water Group Co., Ltd. (HKG:1542) A Place In Your Dividend Portfolio
Mar 13Is Taizhou Water Group (HKG:1542) Likely To Turn Things Around?
Feb 14
Calculating The Fair Value Of Taizhou Water Group Co., Ltd. (HKG:1542)
Jan 19What Type Of Returns Would Taizhou Water Group's(HKG:1542) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Dec 29We're Not So Sure You Should Rely on Taizhou Water Group's (HKG:1542) Statutory Earnings
Dec 06Financial Position Analysis
Short Term Liabilities: 1542's short term assets (CN¥572.1M) do not cover its short term liabilities (CN¥1.2B).
Long Term Liabilities: 1542's short term assets (CN¥572.1M) do not cover its long term liabilities (CN¥3.5B).
Debt to Equity History and Analysis
Debt Level: 1542's net debt to equity ratio (320%) is considered high.
Reducing Debt: 1542's debt to equity ratio has increased from 186.4% to 353.9% over the past 5 years.
Debt Coverage: 1542's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: 1542's interest payments on its debt are not well covered by EBIT (0.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 12:44 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Taizhou Water Group Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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