Triangle Tyre Co Ltd
SSE:601163
Bankruptcy Probability
Triangle Tyre Co Ltd's probability of bankruptcy is 1.3%, making a collapse highly unlikely. The solvency score is 69/100 — a warning sign of potential financial weakness.
We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and use it to estimate the probability of bankruptcy.
Solvency Ratios
Solvency Ratios Comparison
Triangle Tyre Co Ltd Competitors
| Country | Company | Market Cap | D/E | D/A |
Interest Coverage |
Altman Z-Score |
Quick Ratio |
Current Ratio |
Cash Ratio |
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|---|---|---|---|---|---|---|---|---|---|---|---|
| CN |
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Triangle Tyre Co Ltd
SSE:601163
|
12B CNY |
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| JP |
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Bridgestone Corp
TSE:5108
|
4.3T JPY |
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| FR |
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Compagnie Generale des Etablissements Michelin SCA
PAR:ML
|
21B EUR |
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| IT |
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Pirelli & C SpA
MIL:PIRC
|
5.7B EUR |
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| CN |
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Sailun Group Co Ltd
SSE:601058
|
45B CNY |
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| JP |
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Yokohama Rubber Co Ltd
TSE:5101
|
1T JPY |
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| IN |
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MRF Ltd
NSE:MRF
|
567.8B INR |
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| KR |
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Hankook Tire & Technology Co Ltd
KRX:161390
|
6.9T KRW |
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| IN |
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Balkrishna Industries Ltd
NSE:BALKRISIND
|
419.9B INR |
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| JP |
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Toyo Tire Corp
TSE:5105
|
590.6B JPY |
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| CN |
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Anhui Zhongding Sealing Parts Co Ltd
SZSE:000887
|
25.4B CNY |
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Triangle Tyre Co Ltd's probability of bankruptcy is 1.3%, making a collapse highly unlikely.
The probability of bankruptcy is estimated using credit risk models that assess its financial health, debt levels, interest coverage, and other solvency indicators.
As of the latest report, Triangle Tyre Co Ltd has total debt of 1B CNY. This includes both short-term (1B CNY) and long-term (9.1m CNY) debt.
You can find a full breakdown on its Balance Sheet.
