Dongxing Securities Balance Sheet Health
Financial Health criteria checks 3/6
Dongxing Securities has a total shareholder equity of CN¥27.6B and total debt of CN¥52.8B, which brings its debt-to-equity ratio to 191.1%. Its total assets and total liabilities are CN¥100.2B and CN¥72.6B respectively.
Key information
191.1%
Debt to equity ratio
CN¥52.84b
Debt
Interest coverage ratio | n/a |
Cash | CN¥42.74b |
Equity | CN¥27.65b |
Total liabilities | CN¥72.59b |
Total assets | CN¥100.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601198's short term assets (CN¥49.4B) do not cover its short term liabilities (CN¥54.4B).
Long Term Liabilities: 601198's short term assets (CN¥49.4B) exceed its long term liabilities (CN¥18.2B).
Debt to Equity History and Analysis
Debt Level: 601198's net debt to equity ratio (36.5%) is considered satisfactory.
Reducing Debt: 601198's debt to equity ratio has reduced from 254.8% to 191.1% 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.