Guangdong DFP New Material Group Balance Sheet Health
Financial Health criteria checks 4/6
Guangdong DFP New Material Group has a total shareholder equity of CN¥6.1B and total debt of CN¥354.3M, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are CN¥7.3B and CN¥1.3B respectively.
Key information
5.8%
Debt to equity ratio
CN¥354.31m
Debt
Interest coverage ratio | n/a |
Cash | CN¥2.18b |
Equity | CN¥6.07b |
Total liabilities | CN¥1.27b |
Total assets | CN¥7.34b |
Financial Position Analysis
Short Term Liabilities: 601515's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥634.1M).
Long Term Liabilities: 601515's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥633.0M).
Debt to Equity History and Analysis
Debt Level: 601515 has more cash than its total debt.
Reducing Debt: 601515's debt to equity ratio has reduced from 15.1% to 5.8% over the past 5 years.
Debt Coverage: 601515's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 601515's interest payments on its debt are well covered by EBIT.