Dongfang Electronics Balance Sheet Health
Financial Health criteria checks 5/6
Dongfang Electronics has a total shareholder equity of CN¥5.3B and total debt of CN¥335.5M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are CN¥12.1B and CN¥6.8B respectively. Dongfang Electronics's EBIT is CN¥544.4M making its interest coverage ratio -6.4. It has cash and short-term investments of CN¥3.4B.
Key information
6.3%
Debt to equity ratio
CN¥335.55m
Debt
| Interest coverage ratio | -6.4x |
| Cash | CN¥3.42b |
| Equity | CN¥5.31b |
| Total liabilities | CN¥6.82b |
| Total assets | CN¥12.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000682's short term assets (CN¥10.2B) exceed its short term liabilities (CN¥6.6B).
Long Term Liabilities: 000682's short term assets (CN¥10.2B) exceed its long term liabilities (CN¥193.2M).
Debt to Equity History and Analysis
Debt Level: 000682 has more cash than its total debt.
Reducing Debt: 000682's debt to equity ratio has increased from 4.3% to 6.3% over the past 5 years.
Debt Coverage: 000682's debt is well covered by operating cash flow (347.9%).
Interest Coverage: 000682 earns more interest than it pays, so coverage of interest payments is not a concern.