TCTM Kids IT Education Balance Sheet Health
Financial Health criteria checks 3/6
TCTM Kids IT Education has a total shareholder equity of CN¥-1.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.0B and CN¥2.5B respectively. TCTM Kids IT Education's EBIT is CN¥13.5M making its interest coverage ratio -12.4. It has cash and short-term investments of CN¥221.0M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -12.4x |
| Cash | CN¥220.99m |
| Equity | -CN¥1.50b |
| Total liabilities | CN¥2.52b |
| Total assets | CN¥1.02b |
Recent financial health updates
Recent updates
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Nov 13Financial Position Analysis
Short Term Liabilities: TCTM has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TCTM has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: TCTM is debt free.
Reducing Debt: TCTM's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: TCTM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TCTM has no debt, therefore coverage of interest payments is not a concern.