Tian Lun Gas Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Tian Lun Gas Holdings has a total shareholder equity of CN¥6.1B and total debt of CN¥7.6B, which brings its debt-to-equity ratio to 123.9%. Its total assets and total liabilities are CN¥16.1B and CN¥10.0B respectively. Tian Lun Gas Holdings's EBIT is CN¥978.5M making its interest coverage ratio 2.7. It has cash and short-term investments of CN¥1.3B.
Key information
123.9%
Debt to equity ratio
CN¥7.60b
Debt
| Interest coverage ratio | 2.7x |
| Cash | CN¥1.30b |
| Equity | CN¥6.14b |
| Total liabilities | CN¥9.97b |
| Total assets | CN¥16.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1600's short term assets (CN¥6.2B) exceed its short term liabilities (CN¥5.2B).
Long Term Liabilities: 1600's short term assets (CN¥6.2B) exceed its long term liabilities (CN¥4.8B).
Debt to Equity History and Analysis
Debt Level: 1600's net debt to equity ratio (102.8%) is considered high.
Reducing Debt: 1600's debt to equity ratio has reduced from 135.2% to 123.9% over the past 5 years.
Debt Coverage: 1600's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: 1600's interest payments on its debt are not well covered by EBIT (2.7x coverage).