Guangdong Dongfang Precision Science & Technology Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Dongfang Precision Science & Technology has a total shareholder equity of CN¥4.9B and total debt of CN¥272.0M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are CN¥7.3B and CN¥2.4B respectively. Guangdong Dongfang Precision Science & Technology's EBIT is CN¥696.7M making its interest coverage ratio 76.4. It has cash and short-term investments of CN¥2.2B.
Key information
5.6%
Debt to equity ratio
CN¥271.98m
Debt
| Interest coverage ratio | 76.4x |
| Cash | CN¥2.16b |
| Equity | CN¥4.89b |
| Total liabilities | CN¥2.45b |
| Total assets | CN¥7.34b |
Recent financial health updates
No updates
Recent updates
Guangdong Dongfang Precision Science & Technology Co., Ltd.'s (SZSE:002611) Price Is Right But Growth Is Lacking
Sep 25
Benign Growth For Guangdong Dongfang Precision Science & Technology Co., Ltd. (SZSE:002611) Underpins Its Share Price
Jun 26Why Guangdong Dongfang Precision Science & Technology's (SZSE:002611) Shaky Earnings Are Just The Beginning Of Its Problems
Apr 03Guangdong Dongfang Precision Science & Technology Co., Ltd. (SZSE:002611) Held Back By Insufficient Growth Even After Shares Climb 93%
Mar 22Financial Position Analysis
Short Term Liabilities: 002611's short term assets (CN¥4.6B) exceed its short term liabilities (CN¥2.1B).
Long Term Liabilities: 002611's short term assets (CN¥4.6B) exceed its long term liabilities (CN¥393.0M).
Debt to Equity History and Analysis
Debt Level: 002611 has more cash than its total debt.
Reducing Debt: 002611's debt to equity ratio has reduced from 16.3% to 5.6% over the past 5 years.
Debt Coverage: 002611's debt is well covered by operating cash flow (152.3%).
Interest Coverage: 002611's interest payments on its debt are well covered by EBIT (76.4x coverage).