Hubei DinglongLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hubei DinglongLtd has a total shareholder equity of CN¥4.8B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 24.1%. Its total assets and total liabilities are CN¥6.8B and CN¥2.0B respectively. Hubei DinglongLtd's EBIT is CN¥328.9M making its interest coverage ratio 24.8. It has cash and short-term investments of CN¥1.1B.
Key information
24.1%
Debt to equity ratio
CN¥1.16b
Debt
Interest coverage ratio | 24.8x |
Cash | CN¥1.12b |
Equity | CN¥4.80b |
Total liabilities | CN¥2.02b |
Total assets | CN¥6.82b |
Recent financial health updates
These 4 Measures Indicate That Hubei DinglongLtd (SZSE:300054) Is Using Debt Reasonably Well
Aug 17Is Hubei DinglongLtd (SZSE:300054) Using Too Much Debt?
Mar 30Recent updates
These 4 Measures Indicate That Hubei DinglongLtd (SZSE:300054) Is Using Debt Reasonably Well
Aug 17Market Participants Recognise Hubei Dinglong CO.,Ltd.'s (SZSE:300054) Earnings
Jun 21Hubei DinglongLtd (SZSE:300054) Has More To Do To Multiply In Value Going Forward
May 24Hubei DinglongLtd's (SZSE:300054) Anemic Earnings Might Be Worse Than You Think
Apr 16Hubei Dinglong CO.,Ltd. (SZSE:300054) Released Earnings Last Week And Analysts Lifted Their Price Target To CN¥25.50
Apr 14Is Hubei DinglongLtd (SZSE:300054) Using Too Much Debt?
Mar 30With Hubei Dinglong CO.,Ltd. (SZSE:300054) It Looks Like You'll Get What You Pay For
Feb 28Financial Position Analysis
Short Term Liabilities: 300054's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥870.8M).
Long Term Liabilities: 300054's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 300054's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: 300054's debt to equity ratio has increased from 0% to 24.1% over the past 5 years.
Debt Coverage: 300054's debt is well covered by operating cash flow (53.4%).
Interest Coverage: 300054's interest payments on its debt are well covered by EBIT (24.8x coverage).