Jiujiang Defu Technology Balance Sheet Health
Financial Health criteria checks 1/6
Jiujiang Defu Technology has a total shareholder equity of CN¥4.8B and total debt of CN¥6.4B, which brings its debt-to-equity ratio to 134.3%. Its total assets and total liabilities are CN¥15.1B and CN¥10.3B respectively.
Key information
134.3%
Debt to equity ratio
CN¥6.39b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥4.02b |
| Equity | CN¥4.76b |
| Total liabilities | CN¥10.32b |
| Total assets | CN¥15.08b |
Financial Position Analysis
Short Term Liabilities: 301511's short term assets (CN¥8.8B) do not cover its short term liabilities (CN¥8.8B).
Long Term Liabilities: 301511's short term assets (CN¥8.8B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 301511's net debt to equity ratio (49.8%) is considered high.
Reducing Debt: 301511's debt to equity ratio has increased from 92.7% to 134.3% over the past 5 years.
Debt Coverage: 301511's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: Insufficient data to determine if 301511's interest payments on its debt are well covered by EBIT.