Topsports International Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Topsports International Holdings has a total shareholder equity of CN¥10.0B and total debt of CN¥840.0M, which brings its debt-to-equity ratio to 8.4%. Its total assets and total liabilities are CN¥15.5B and CN¥5.5B respectively. Topsports International Holdings's EBIT is CN¥2.7B making its interest coverage ratio 40.3. It has cash and short-term investments of CN¥3.1B.
Key information
8.4%
Debt to equity ratio
CN¥840.00m
Debt
Interest coverage ratio | 40.3x |
Cash | CN¥3.15b |
Equity | CN¥9.97b |
Total liabilities | CN¥5.53b |
Total assets | CN¥15.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPSR.F's short term assets (CN¥11.3B) exceed its short term liabilities (CN¥4.0B).
Long Term Liabilities: TPSR.F's short term assets (CN¥11.3B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: TPSR.F has more cash than its total debt.
Reducing Debt: TPSR.F's debt to equity ratio has reduced from 92.7% to 8.4% over the past 5 years.
Debt Coverage: TPSR.F's debt is well covered by operating cash flow (629.1%).
Interest Coverage: TPSR.F's interest payments on its debt are well covered by EBIT (40.3x coverage).