Delixi New Energy Technology Balance Sheet Health
Financial Health criteria checks 4/6
Delixi New Energy Technology has a total shareholder equity of CN¥1.3B and total debt of CN¥156.4M, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are CN¥1.6B and CN¥381.9M respectively.
Key information
12.4%
Debt to equity ratio
CN¥156.41m
Debt
Interest coverage ratio | n/a |
Cash | CN¥383.93m |
Equity | CN¥1.26b |
Total liabilities | CN¥381.88m |
Total assets | CN¥1.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603032's short term assets (CN¥613.1M) exceed its short term liabilities (CN¥181.2M).
Long Term Liabilities: 603032's short term assets (CN¥613.1M) exceed its long term liabilities (CN¥200.7M).
Debt to Equity History and Analysis
Debt Level: 603032 has more cash than its total debt.
Reducing Debt: 603032's debt to equity ratio has increased from 0% to 12.4% over the past 5 years.
Debt Coverage: 603032's debt is well covered by operating cash flow (198.6%).
Interest Coverage: Insufficient data to determine if 603032's interest payments on its debt are well covered by EBIT.