Tingyi Story

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TCYMF -- USA Stock  

USD 1.77  0.00  0.00%

Tingyi Cayman Islands is scheduled to announce its earnings tomorrow. As many passive investors are finally getting excited about consumer defensive space, Tingyi Cayman Islands could be a good starting point. We will discuss if it could be a much better year for Tingyi Cayman shareholders. Here we also measure the ability of Tingyi Cayman to meet its long-term debt obligations, such as interest payments on debt, the final principal payment on the debt, and any other fixed obligations like lease payments.
Published over two months ago
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Thinking to quit Tingyi (OTC:TCYMF) based on its current debt commitments?
Tingyi Cayman has accumulated 1.68 B in total debt with debt to equity ratio (D/E) of 0.7, which is about average as compared to similar companies. The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Tingyi Cayman has an asset utilization ratio of 101.59 percent. This indicates that the company is making $1.02 for each dollar of assets. An increasing asset utilization means that Tingyi Cayman Islands is more efficient with each dollar of assets it utilizes for everyday operations.
Tingyi Cayman financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of Tingyi Cayman, including all of Tingyi Cayman's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of Tingyi Cayman assets, the company is considered highly leveraged. Understanding the composition and structure of overall Tingyi Cayman debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it. Please read more on our technical analysis page.

How important is Tingyi Cayman's Liquidity

Tingyi Cayman financial leverage refers to using borrowed capital as a funding source to finance Tingyi Cayman Islands ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Tingyi Cayman financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Tingyi Cayman's total debt and its cash.

How Tingyi utilizes its cash?

To perform a cash flow analysis of Tingyi Cayman, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Tingyi Cayman is receiving and how much cash it distributes out in a given period. The Tingyi Cayman cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.

Details

This firm reported the revenue of 9.33 B. Net Income was 368.65 M with profit before overhead, payroll, taxes, and interest of 19.76 B.

Will Tingyi retake control after the next dip?

Tingyi earnings should be tomorrow. Tingyi Cayman Islands exhibits very low volatility. However, we advise investors to further study Tingyi Cayman Islands technical indicators to make sure all market info is available and is reliable.

Our Conclusion on Tingyi Cayman

When is the right time to buy or sell Tingyi Cayman Islands? Buying stocks such as Tingyi Cayman isn't very hard. However, what challenging for most investors is doing it at the right time. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities, deliver winning trades and diversify portfolios on a daily bases. To conclude, as of the 25th of November 2020, our analysis shows that Tingyi Cayman ignores market trends. The firm is fairly valued and projects low chance of distress for the next 2 years. Our latest 30 days buy-or-sell advice on the firm is Strong Hold.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of Tingyi Cayman Islands. Please refer to our Terms of Use for any information regarding our disclosure principles.

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