Dongxing Securities Balance Sheet Health
Financial Health criteria checks 2/6
Dongxing Securities has a total shareholder equity of CN¥27.1B and total debt of CN¥53.1B, which brings its debt-to-equity ratio to 196%. Its total assets and total liabilities are CN¥99.3B and CN¥72.2B respectively.
Key information
196.0%
Debt to equity ratio
CN¥53.13b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥25.51b |
| Equity | CN¥27.11b |
| Total liabilities | CN¥72.17b |
| Total assets | CN¥99.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601198's short term assets (CN¥39.6B) do not cover its short term liabilities (CN¥61.2B).
Long Term Liabilities: 601198's short term assets (CN¥39.6B) exceed its long term liabilities (CN¥11.0B).
Debt to Equity History and Analysis
Debt Level: 601198's net debt to equity ratio (101.9%) is considered high.
Reducing Debt: 601198's debt to equity ratio has reduced from 209.7% to 196% over the past 5 years.
Debt Coverage: 601198's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 601198's interest payments on its debt are well covered by EBIT.