Ningbo DonlyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Ningbo DonlyLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥210.5M, which brings its debt-to-equity ratio to 15.3%. Its total assets and total liabilities are CN¥2.3B and CN¥941.9M respectively. Ningbo DonlyLtd's EBIT is CN¥41.4M making its interest coverage ratio 5.7. It has cash and short-term investments of CN¥93.1M.
Key information
15.3%
Debt to equity ratio
CN¥210.50m
Debt
| Interest coverage ratio | 5.7x |
| Cash | CN¥93.06m |
| Equity | CN¥1.37b |
| Total liabilities | CN¥941.89m |
| Total assets | CN¥2.31b |
Recent financial health updates
No updates
Recent updates
Ningbo DonlyLtd's (SZSE:002164) Shareholders May Want To Dig Deeper Than Statutory Profit
Nov 05
Little Excitement Around Ningbo Donly Co.,Ltd's (SZSE:002164) Revenues
Jun 07Ningbo DonlyLtd's (SZSE:002164) Soft Earnings Are Actually Better Than They Appear
May 02Ningbo DonlyLtd's (SZSE:002164) Returns On Capital Are Heading Higher
Feb 29Financial Position Analysis
Short Term Liabilities: 002164's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥861.3M).
Long Term Liabilities: 002164's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥80.6M).
Debt to Equity History and Analysis
Debt Level: 002164's net debt to equity ratio (8.6%) is considered satisfactory.
Reducing Debt: 002164's debt to equity ratio has reduced from 44% to 15.3% over the past 5 years.
Debt Coverage: 002164's debt is well covered by operating cash flow (68.4%).
Interest Coverage: 002164's interest payments on its debt are well covered by EBIT (5.7x coverage).