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¥160.4M, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are CN¥3.3B and CN¥890.7M respectively. Guangdong Dtech Technology's EBIT is CN¥195.5M making its interest coverage ratio -74.4. It has cash and short-term investments of CN¥749.7M.
Key information
6.6%
Debt to equity ratio
CN¥160.40m
Debt
| Interest coverage ratio | -74.4x |
| Cash | CN¥749.71m |
| Equity | CN¥2.42b |
| Total liabilities | CN¥890.71m |
| Total assets | CN¥3.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301377's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥745.3M).
Long Term Liabilities: 301377's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥145.4M).
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 45.9% to 6.6% over the past 5 years.
Debt Coverage: 301377's debt is well covered by operating cash flow (146.3%).
Interest Coverage: 301377 earns more interest than it pays, so coverage of interest payments is not a concern.