Beijing Dinghan Technology GroupLtd Balance Sheet Health
Financial Health criteria checks 2/6
Beijing Dinghan Technology GroupLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 99.9%. Its total assets and total liabilities are CN¥3.6B and CN¥2.3B respectively. Beijing Dinghan Technology GroupLtd's EBIT is CN¥43.8M making its interest coverage ratio 1.1. It has cash and short-term investments of CN¥255.6M.
Key information
99.9%
Debt to equity ratio
CN¥1.33b
Debt
Interest coverage ratio | 1.1x |
Cash | CN¥255.62m |
Equity | CN¥1.33b |
Total liabilities | CN¥2.31b |
Total assets | CN¥3.64b |
Financial Position Analysis
Short Term Liabilities: 300011's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 300011's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥315.9M).
Debt to Equity History and Analysis
Debt Level: 300011's net debt to equity ratio (80.7%) is considered high.
Reducing Debt: 300011's debt to equity ratio has increased from 41.1% to 99.9% over the past 5 years.
Debt Coverage: 300011's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: 300011's interest payments on its debt are not well covered by EBIT (1.1x coverage).