Tianjin Tianbao Energy Balance Sheet Health
Financial Health criteria checks 1/6
Tianjin Tianbao Energy has a total shareholder equity of CN¥464.6M and total debt of CN¥447.8M, which brings its debt-to-equity ratio to 96.4%. Its total assets and total liabilities are CN¥1.1B and CN¥611.7M respectively. Tianjin Tianbao Energy's EBIT is CN¥23.3M making its interest coverage ratio 1.5. It has cash and short-term investments of CN¥134.2M.
Key information
96.4%
Debt to equity ratio
CN¥447.84m
Debt
| Interest coverage ratio | 1.5x |
| Cash | CN¥134.17m |
| Equity | CN¥464.57m |
| Total liabilities | CN¥611.70m |
| Total assets | CN¥1.08b |
Recent financial health updates
We Think Tianjin Tianbao Energy (HKG:1671) Is Taking Some Risk With Its Debt
Mar 30
Tianjin Tianbao Energy (HKG:1671) Takes On Some Risk With Its Use Of Debt
Oct 05Does Tianjin Tianbao Energy (HKG:1671) Have A Healthy Balance Sheet?
Jun 11These 4 Measures Indicate That Tianjin Tianbao Energy (HKG:1671) Is Using Debt Reasonably Well
Nov 12Is Tianjin Tianbao Energy (HKG:1671) Using Too Much Debt?
Mar 27Tianjin Tianbao Energy (HKG:1671) Takes On Some Risk With Its Use Of Debt
Dec 20
Recent updates
Tianjin Tianbao Energy (HKG:1671) Is Reinvesting At Lower Rates Of Return
Oct 03Market Might Still Lack Some Conviction On Tianjin Tianbao Energy Co., Ltd. (HKG:1671) Even After 26% Share Price Boost
May 13Tianjin Tianbao Energy (HKG:1671) Will Be Hoping To Turn Its Returns On Capital Around
Feb 22Estimating The Intrinsic Value Of Tianjin Tianbao Energy Co., Ltd. (HKG:1671)
Dec 22Calculating The Fair Value Of Tianjin Tianbao Energy Co., Ltd. (HKG:1671)
Aug 09We Think Tianjin Tianbao Energy (HKG:1671) Is Taking Some Risk With Its Debt
Mar 30Tianjin Tianbao Energy (HKG:1671) Could Be Struggling To Allocate Capital
Feb 02Calculating The Fair Value Of Tianjin Tianbao Energy Co., Ltd. (HKG:1671)
Nov 17Tianjin Tianbao Energy (HKG:1671) Takes On Some Risk With Its Use Of Debt
Oct 05Does Tianjin Tianbao Energy (HKG:1671) Have A Healthy Balance Sheet?
Jun 11Tianjin Tianbao Energy's (HKG:1671) Returns On Capital Not Reflecting Well On The Business
Mar 04These 4 Measures Indicate That Tianjin Tianbao Energy (HKG:1671) Is Using Debt Reasonably Well
Nov 12Tianjin Tianbao Energy (HKG:1671) Is Reinvesting At Lower Rates Of Return
Oct 08Tianjin Tianbao Energy (HKG:1671) Is Increasing Its Dividend To HK$0.061
Jun 12Some Investors May Be Worried About Tianjin Tianbao Energy's (HKG:1671) Returns On Capital
May 29Is Tianjin Tianbao Energy Co., Ltd. (HKG:1671) A Good Fit For Your Dividend Portfolio?
Apr 24Is Tianjin Tianbao Energy (HKG:1671) Using Too Much Debt?
Mar 27The Returns At Tianjin Tianbao Energy (HKG:1671) Provide Us With Signs Of What's To Come
Feb 28Could Tianjin Tianbao Energy Co., Ltd. (HKG:1671) Have The Makings Of Another Dividend Aristocrat?
Jan 24Tianjin Tianbao Energy (HKG:1671) Takes On Some Risk With Its Use Of Debt
Dec 20Calculating The Fair Value Of Tianjin Tianbao Energy Co., Ltd. (HKG:1671)
Nov 23Financial Position Analysis
Short Term Liabilities: 1671's short term assets (CN¥318.6M) do not cover its short term liabilities (CN¥374.8M).
Long Term Liabilities: 1671's short term assets (CN¥318.6M) exceed its long term liabilities (CN¥236.9M).
Debt to Equity History and Analysis
Debt Level: 1671's net debt to equity ratio (67.5%) is considered high.
Reducing Debt: 1671's debt to equity ratio has increased from 0% to 96.4% over the past 5 years.
Debt Coverage: 1671's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: 1671's interest payments on its debt are not well covered by EBIT (1.5x coverage).