Shanghai CDXJ Digital TechnologyLTD Balance Sheet Health
Financial Health criteria checks 3/6
Shanghai CDXJ Digital TechnologyLTD has a total shareholder equity of CN¥2.8B and total debt of CN¥2.5B, which brings its debt-to-equity ratio to 88%. Its total assets and total liabilities are CN¥7.3B and CN¥4.5B respectively.
Key information
88.0%
Debt to equity ratio
CN¥2.47b
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.13b |
Equity | CN¥2.81b |
Total liabilities | CN¥4.52b |
Total assets | CN¥7.33b |
Financial Position Analysis
Short Term Liabilities: 603887's short term assets (CN¥4.4B) exceed its short term liabilities (CN¥2.4B).
Long Term Liabilities: 603887's short term assets (CN¥4.4B) exceed its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: 603887's net debt to equity ratio (47.9%) is considered high.
Reducing Debt: 603887's debt to equity ratio has increased from 30% to 88% over the past 5 years.
Debt Coverage: 603887's debt is well covered by operating cash flow (32.5%).
Interest Coverage: Insufficient data to determine if 603887's interest payments on its debt are well covered by EBIT.