Guangdong Dtech Technology Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Dtech Technology has a total shareholder equity of CN¥2.4B and total debt of CN¥267.2M, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are CN¥3.2B and CN¥853.3M respectively. Guangdong Dtech Technology's EBIT is CN¥172.9M making its interest coverage ratio -16.5. It has cash and short-term investments of CN¥713.6M.
Key information
11.3%
Debt to equity ratio
CN¥267.24m
Debt
Interest coverage ratio | -16.5x |
Cash | CN¥713.58m |
Equity | CN¥2.36b |
Total liabilities | CN¥853.29m |
Total assets | CN¥3.22b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301377's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥672.0M).
Long Term Liabilities: 301377's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥181.3M).
Debt to Equity History and Analysis
Debt Level: 301377 has more cash than its total debt.
Reducing Debt: 301377's debt to equity ratio has reduced from 25.9% to 11.3% over the past 5 years.
Debt Coverage: 301377's debt is well covered by operating cash flow (59.7%).
Interest Coverage: 301377 earns more interest than it pays, so coverage of interest payments is not a concern.