Dongguan Dingtong Precision Metal Balance Sheet Health
Financial Health criteria checks 6/6
Dongguan Dingtong Precision Metal has a total shareholder equity of CN¥1.7B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.0B and CN¥213.4M respectively. Dongguan Dingtong Precision Metal's EBIT is CN¥16.4M making its interest coverage ratio -0.9. It has cash and short-term investments of CN¥220.6M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -0.9x |
| Cash | CN¥220.63m |
| Equity | CN¥1.75b |
| Total liabilities | CN¥213.40m |
| Total assets | CN¥1.96b |
Financial Position Analysis
Short Term Liabilities: 688668's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥154.4M).
Long Term Liabilities: 688668's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥59.0M).
Debt to Equity History and Analysis
Debt Level: 688668 is debt free.
Reducing Debt: 688668 has no debt compared to 5 years ago when its debt to equity ratio was 5.7%.
Debt Coverage: 688668 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688668 has no debt, therefore coverage of interest payments is not a concern.