Dare Power Dekor HomeLtd Balance Sheet Health
Financial Health criteria checks 6/6
Dare Power Dekor HomeLtd has a total shareholder equity of CN¥6.8B and total debt of CN¥99.8M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are CN¥9.2B and CN¥2.4B respectively. Dare Power Dekor HomeLtd's EBIT is CN¥346.6M making its interest coverage ratio -14. It has cash and short-term investments of CN¥2.8B.
Key information
1.5%
Debt to equity ratio
CN¥99.83m
Debt
Interest coverage ratio | -14x |
Cash | CN¥2.79b |
Equity | CN¥6.83b |
Total liabilities | CN¥2.38b |
Total assets | CN¥9.21b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000910's short term assets (CN¥6.7B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 000910's short term assets (CN¥6.7B) exceed its long term liabilities (CN¥151.6M).
Debt to Equity History and Analysis
Debt Level: 000910 has more cash than its total debt.
Reducing Debt: 000910's debt to equity ratio has reduced from 5.2% to 1.5% over the past 5 years.
Debt Coverage: 000910's debt is well covered by operating cash flow (495.3%).
Interest Coverage: 000910 earns more interest than it pays, so coverage of interest payments is not a concern.