Times China Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Times China Holdings has a total shareholder equity of CN¥10.7B and total debt of CN¥52.6B, which brings its debt-to-equity ratio to 493.2%. Its total assets and total liabilities are CN¥121.1B and CN¥110.4B respectively.
Key information
493.2%
Debt to equity ratio
CN¥52.57b
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.73b |
Equity | CN¥10.66b |
Total liabilities | CN¥110.45b |
Total assets | CN¥121.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TMPP.F's short term assets (CN¥94.0B) exceed its short term liabilities (CN¥86.5B).
Long Term Liabilities: TMPP.F's short term assets (CN¥94.0B) exceed its long term liabilities (CN¥23.9B).
Debt to Equity History and Analysis
Debt Level: TMPP.F's net debt to equity ratio (477%) is considered high.
Reducing Debt: TMPP.F's debt to equity ratio has increased from 147.5% to 493.2% over the past 5 years.
Debt Coverage: TMPP.F's debt is not well covered by operating cash flow (8.1%).
Interest Coverage: Insufficient data to determine if TMPP.F's interest payments on its debt are well covered by EBIT.