Delixi New Energy Technology Balance Sheet Health
Financial Health criteria checks 4/6
Delixi New Energy Technology has a total shareholder equity of CN¥1.3B and total debt of CN¥153.1M, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are CN¥1.6B and CN¥381.9M respectively.
Key information
12.1%
Debt to equity ratio
CN¥153.14m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥383.93m |
| Equity | CN¥1.26b |
| Total liabilities | CN¥381.88m |
| Total assets | CN¥1.64b |
Recent financial health updates
Recent updates
Delixi New Energy Technology Co., Ltd.'s (SHSE:603032) Shares Climb 25% But Its Business Is Yet to Catch Up
Sep 28
Delixi New Energy Technology Co., Ltd.'s (SHSE:603032) 36% Price Boost Is Out Of Tune With Revenues
Aug 03Delixi New Energy Technology Co., Ltd.'s (SHSE:603032) Stock Retreats 28% But Revenues Haven't Escaped The Attention Of Investors
Jun 06Delixi New Energy Technology Co., Ltd.'s (SHSE:603032) 26% Share Price Plunge Could Signal Some Risk
Apr 21Some Investors May Be Willing To Look Past Delixi New Energy Technology's (SHSE:603032) Soft Earnings
Apr 16Returns On Capital Are Showing Encouraging Signs At Delixi New Energy Technology (SHSE:603032)
Apr 05Is Delixi New Energy Technology (SHSE:603032) A Risky Investment?
Mar 18Delixi New Energy Technology Co., Ltd.'s (SHSE:603032) Shares Bounce 29% But Its Business Still Trails The Market
Mar 01Financial Position Analysis
Short Term Liabilities: 603032's short term assets (CN¥613.1M) exceed its short term liabilities (CN¥181.2M).
Long Term Liabilities: 603032's short term assets (CN¥613.1M) exceed its long term liabilities (CN¥200.7M).
Debt to Equity History and Analysis
Debt Level: 603032 has more cash than its total debt.
Reducing Debt: 603032's debt to equity ratio has increased from 0% to 12.1% over the past 5 years.
Debt Coverage: 603032's debt is well covered by operating cash flow (202.8%).
Interest Coverage: Insufficient data to determine if 603032's interest payments on its debt are well covered by EBIT.