Dongfang Electronics Balance Sheet Health
Financial Health criteria checks 5/6
Dongfang Electronics has a total shareholder equity of CN¥5.3B and total debt of CN¥335.5M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are CN¥12.1B and CN¥6.8B respectively. Dongfang Electronics's EBIT is CN¥544.4M making its interest coverage ratio -6.4. It has cash and short-term investments of CN¥3.4B.
Key information
6.3%
Debt to equity ratio
CN¥335.55m
Debt
| Interest coverage ratio | -6.4x |
| Cash | CN¥3.42b |
| Equity | CN¥5.31b |
| Total liabilities | CN¥6.82b |
| Total assets | CN¥12.13b |
Recent financial health updates
These 4 Measures Indicate That Dongfang Electronics (SZSE:000682) Is Using Debt Safely
Sep 30
Dongfang Electronics (SZSE:000682) Seems To Use Debt Rather Sparingly
Jun 27Is Dongfang Electronics (SZSE:000682) A Risky Investment?
Mar 26Recent updates
Statutory Profit Doesn't Reflect How Good Dongfang Electronics' (SZSE:000682) Earnings Are
Oct 29These 4 Measures Indicate That Dongfang Electronics (SZSE:000682) Is Using Debt Safely
Sep 30Dongfang Electronics (SZSE:000682) Is Looking To Continue Growing Its Returns On Capital
Sep 10Dongfang Electronics Co., Ltd. (SZSE:000682) Investors Are Less Pessimistic Than Expected
Aug 11Dongfang Electronics (SZSE:000682) Is Increasing Its Dividend To CN¥0.08
Jul 05Dongfang Electronics (SZSE:000682) Seems To Use Debt Rather Sparingly
Jun 27Dongfang Electronics Co., Ltd. (SZSE:000682) Held Back By Insufficient Growth Even After Shares Climb 26%
May 10Dongfang Electronics' (SZSE:000682) Performance Is Even Better Than Its Earnings Suggest
Apr 25With EPS Growth And More, Dongfang Electronics (SZSE:000682) Makes An Interesting Case
Apr 15Is Dongfang Electronics (SZSE:000682) A Risky Investment?
Mar 26The Market Lifts Dongfang Electronics Co., Ltd. (SZSE:000682) Shares 29% But It Can Do More
Mar 04The Return Trends At Dongfang Electronics (SZSE:000682) Look Promising
Feb 29Financial Position Analysis
Short Term Liabilities: 000682's short term assets (CN¥10.2B) exceed its short term liabilities (CN¥6.6B).
Long Term Liabilities: 000682's short term assets (CN¥10.2B) exceed its long term liabilities (CN¥193.2M).
Debt to Equity History and Analysis
Debt Level: 000682 has more cash than its total debt.
Reducing Debt: 000682's debt to equity ratio has increased from 4.3% to 6.3% over the past 5 years.
Debt Coverage: 000682's debt is well covered by operating cash flow (347.9%).
Interest Coverage: 000682 earns more interest than it pays, so coverage of interest payments is not a concern.