Dalian Demaishi Precision Technology Balance Sheet Health
Financial Health criteria checks 6/6
Dalian Demaishi Precision Technology has a total shareholder equity of CN¥665.0M and total debt of CN¥98.0M, which brings its debt-to-equity ratio to 14.7%. Its total assets and total liabilities are CN¥1.0B and CN¥359.9M respectively. Dalian Demaishi Precision Technology's EBIT is CN¥57.2M making its interest coverage ratio 72.2. It has cash and short-term investments of CN¥133.4M.
Key information
14.7%
Debt to equity ratio
CN¥98.00m
Debt
Interest coverage ratio | 72.2x |
Cash | CN¥133.36m |
Equity | CN¥664.97m |
Total liabilities | CN¥359.94m |
Total assets | CN¥1.02b |
Recent financial health updates
No updates
Recent updates
Dalian Demaishi Precision Technology Co., Ltd.'s (SZSE:301007) Share Price Could Signal Some Risk
Jul 01Dalian Demaishi Precision Technology (SZSE:301007) Is Reinvesting At Lower Rates Of Return
Apr 14Dalian Demaishi Precision Technology Co., Ltd.'s (SZSE:301007) Shares May Have Run Too Fast Too Soon
Feb 26Financial Position Analysis
Short Term Liabilities: 301007's short term assets (CN¥480.4M) exceed its short term liabilities (CN¥328.8M).
Long Term Liabilities: 301007's short term assets (CN¥480.4M) exceed its long term liabilities (CN¥31.2M).
Debt to Equity History and Analysis
Debt Level: 301007 has more cash than its total debt.
Reducing Debt: 301007's debt to equity ratio has reduced from 42.1% to 14.7% over the past 5 years.
Debt Coverage: 301007's debt is well covered by operating cash flow (89.6%).
Interest Coverage: 301007's interest payments on its debt are well covered by EBIT (72.2x coverage).