Guangdong Deerma Technology Balance Sheet Health
Financial Health criteria checks 6/6
Guangdong Deerma Technology has a total shareholder equity of CN¥2.8B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥4.2B and CN¥1.4B respectively. Guangdong Deerma Technology's EBIT is CN¥51.4M making its interest coverage ratio -1.2. It has cash and short-term investments of CN¥1.1B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -1.2x |
| Cash | CN¥1.13b |
| Equity | CN¥2.81b |
| Total liabilities | CN¥1.38b |
| Total assets | CN¥4.20b |
Recent financial health updates
Recent updates
Here's What's Concerning About Guangdong Deerma Technology's (SZSE:301332) Returns On Capital
Jun 26
Guangdong Deerma Technology's (SZSE:301332) Shareholders Have More To Worry About Than Only Soft Earnings
May 08Bearish: Analysts Just Cut Their Guangdong Deerma Technology Co., Ltd. (SZSE:301332) Revenue and EPS estimates
May 01We Think Guangdong Deerma Technology (SZSE:301332) Can Stay On Top Of Its Debt
Feb 27Financial Position Analysis
Short Term Liabilities: 301332's short term assets (CN¥2.8B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 301332's short term assets (CN¥2.8B) exceed its long term liabilities (CN¥60.5M).
Debt to Equity History and Analysis
Debt Level: 301332 is debt free.
Reducing Debt: 301332 has no debt compared to 5 years ago when its debt to equity ratio was 8.2%.
Debt Coverage: 301332 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301332 has no debt, therefore coverage of interest payments is not a concern.