Huaiji Dengyun Auto-parts (Holding)Ltd Balance Sheet Health
Financial Health criteria checks 5/6
Huaiji Dengyun Auto-parts (Holding)Ltd has a total shareholder equity of CN¥419.2M and total debt of CN¥214.8M, which brings its debt-to-equity ratio to 51.2%. Its total assets and total liabilities are CN¥1.1B and CN¥633.8M respectively. Huaiji Dengyun Auto-parts (Holding)Ltd's EBIT is CN¥55.4M making its interest coverage ratio 3.2. It has cash and short-term investments of CN¥64.4M.
Key information
51.2%
Debt to equity ratio
CN¥214.76m
Debt
| Interest coverage ratio | 3.2x |
| Cash | CN¥64.36m |
| Equity | CN¥419.20m |
| Total liabilities | CN¥633.77m |
| Total assets | CN¥1.05b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002715's short term assets (CN¥474.4M) exceed its short term liabilities (CN¥381.0M).
Long Term Liabilities: 002715's short term assets (CN¥474.4M) exceed its long term liabilities (CN¥252.8M).
Debt to Equity History and Analysis
Debt Level: 002715's net debt to equity ratio (35.9%) is considered satisfactory.
Reducing Debt: 002715's debt to equity ratio has increased from 34.5% to 51.2% over the past 5 years.
Debt Coverage: 002715's debt is well covered by operating cash flow (27.4%).
Interest Coverage: 002715's interest payments on its debt are well covered by EBIT (3.2x coverage).