Dianguang Explosion-proof TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Dianguang Explosion-proof TechnologyLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥311.5M, which brings its debt-to-equity ratio to 18.9%. Its total assets and total liabilities are CN¥2.6B and CN¥967.3M respectively. Dianguang Explosion-proof TechnologyLtd's EBIT is CN¥100.1M making its interest coverage ratio -12.9. It has cash and short-term investments of CN¥397.5M.
Key information
18.9%
Debt to equity ratio
CN¥311.49m
Debt
| Interest coverage ratio | -12.9x |
| Cash | CN¥397.46m |
| Equity | CN¥1.65b |
| Total liabilities | CN¥967.32m |
| Total assets | CN¥2.62b |
Recent financial health updates
No updates
Recent updates
Dianguang Explosion-proof TechnologyLtd's (SZSE:002730) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 06
Dianguang Explosion-proof TechnologyLtd's (SZSE:002730) Shareholders May Want To Dig Deeper Than Statutory Profit
May 06Dianguang Explosion-proof TechnologyLtd's (SZSE:002730) Returns Have Hit A Wall
Apr 17Even With A 28% Surge, Cautious Investors Are Not Rewarding Dianguang Explosion-proof Technology Co.,Ltd.'s (SZSE:002730) Performance Completely
Mar 07Financial Position Analysis
Short Term Liabilities: 002730's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥847.3M).
Long Term Liabilities: 002730's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥120.0M).
Debt to Equity History and Analysis
Debt Level: 002730 has more cash than its total debt.
Reducing Debt: 002730's debt to equity ratio has reduced from 27.2% to 18.9% over the past 5 years.
Debt Coverage: 002730's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: 002730 earns more interest than it pays, so coverage of interest payments is not a concern.