Dian Diagnostics GroupLtd Balance Sheet Health
Financial Health criteria checks 6/6
Dian Diagnostics GroupLtd has a total shareholder equity of CN¥9.9B and total debt of CN¥4.1B, which brings its debt-to-equity ratio to 41.1%. Its total assets and total liabilities are CN¥17.9B and CN¥7.9B respectively. Dian Diagnostics GroupLtd's EBIT is CN¥748.4M making its interest coverage ratio 3.8. It has cash and short-term investments of CN¥2.7B.
Key information
41.1%
Debt to equity ratio
CN¥4.07b
Debt
Interest coverage ratio | 3.8x |
Cash | CN¥2.68b |
Equity | CN¥9.91b |
Total liabilities | CN¥7.95b |
Total assets | CN¥17.86b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300244's short term assets (CN¥13.5B) exceed its short term liabilities (CN¥4.9B).
Long Term Liabilities: 300244's short term assets (CN¥13.5B) exceed its long term liabilities (CN¥3.1B).
Debt to Equity History and Analysis
Debt Level: 300244's net debt to equity ratio (14%) is considered satisfactory.
Reducing Debt: 300244's debt to equity ratio has reduced from 80.9% to 41.1% over the past 5 years.
Debt Coverage: 300244's debt is well covered by operating cash flow (46.3%).
Interest Coverage: 300244's interest payments on its debt are well covered by EBIT (3.8x coverage).