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¥5.1B and total debt of CN¥298.0M, which brings its debt-to-equity ratio to 5.9%. Its total assets and total liabilities are CN¥7.4B and CN¥2.3B respectively. Guangdong Dongfang Precision Science & Technology's EBIT is CN¥718.5M making its interest coverage ratio 110. It has cash and short-term investments of CN¥2.2B.
Key information
5.9%
Debt to equity ratio
CN¥297.97m
Debt
| Interest coverage ratio | 110x |
| Cash | CN¥2.21b |
| Equity | CN¥5.08b |
| Total liabilities | CN¥2.28b |
| Total assets | CN¥7.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002611's short term assets (CN¥4.6B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 002611's short term assets (CN¥4.6B) exceed its long term liabilities (CN¥394.4M).
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 15.8% to 5.9% over the past 5 years.
Debt Coverage: 002611's debt is well covered by operating cash flow (130%).
Interest Coverage: 002611's interest payments on its debt are well covered by EBIT (110x coverage).