Dalian Demaishi Precision Technology Balance Sheet Health
Financial Health criteria checks 6/6
Dalian Demaishi Precision Technology has a total shareholder equity of CN¥652.0M and total debt of CN¥83.5M, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are CN¥995.5M and CN¥343.5M respectively. Dalian Demaishi Precision Technology's EBIT is CN¥54.8M making its interest coverage ratio 49.5. It has cash and short-term investments of CN¥109.1M.
Key information
12.8%
Debt to equity ratio
CN¥83.54m
Debt
Interest coverage ratio | 49.5x |
Cash | CN¥109.07m |
Equity | CN¥651.96m |
Total liabilities | CN¥343.49m |
Total assets | CN¥995.45m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301007's short term assets (CN¥451.5M) exceed its short term liabilities (CN¥314.2M).
Long Term Liabilities: 301007's short term assets (CN¥451.5M) exceed its long term liabilities (CN¥29.3M).
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 30.6% to 12.8% over the past 5 years.
Debt Coverage: 301007's debt is well covered by operating cash flow (123.1%).
Interest Coverage: 301007's interest payments on its debt are well covered by EBIT (49.5x coverage).