Dongfeng Electronic TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Dongfeng Electronic TechnologyLtd has a total shareholder equity of CN¥5.4B and total debt of CN¥441.5M, which brings its debt-to-equity ratio to 8.1%. Its total assets and total liabilities are CN¥9.7B and CN¥4.3B respectively. Dongfeng Electronic TechnologyLtd's EBIT is CN¥181.1M making its interest coverage ratio -2.3. It has cash and short-term investments of CN¥3.2B.
Key information
8.1%
Debt to equity ratio
CN¥441.54m
Debt
| Interest coverage ratio | -2.3x |
| Cash | CN¥3.24b |
| Equity | CN¥5.45b |
| Total liabilities | CN¥4.27b |
| Total assets | CN¥9.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600081's short term assets (CN¥6.4B) exceed its short term liabilities (CN¥4.0B).
Long Term Liabilities: 600081's short term assets (CN¥6.4B) exceed its long term liabilities (CN¥235.6M).
Debt to Equity History and Analysis
Debt Level: 600081 has more cash than its total debt.
Reducing Debt: 600081's debt to equity ratio has reduced from 13.6% to 8.1% over the past 5 years.
Debt Coverage: 600081's debt is well covered by operating cash flow (89%).
Interest Coverage: 600081 earns more interest than it pays, so coverage of interest payments is not a concern.