Sichuan Dowell Science and Technology Balance Sheet Health
Financial Health criteria checks 4/6
Sichuan Dowell Science and Technology has a total shareholder equity of CN¥989.8M and total debt of CN¥331.1M, which brings its debt-to-equity ratio to 33.5%. Its total assets and total liabilities are CN¥1.5B and CN¥490.7M respectively. Sichuan Dowell Science and Technology's EBIT is CN¥77.5M making its interest coverage ratio 9.4. It has cash and short-term investments of CN¥71.3M.
Key information
33.5%
Debt to equity ratio
CN¥331.09m
Debt
Interest coverage ratio | 9.4x |
Cash | CN¥71.26m |
Equity | CN¥989.77m |
Total liabilities | CN¥490.72m |
Total assets | CN¥1.48b |
Recent financial health updates
No updates
Recent updates
We Think Sichuan Dowell Science and Technology's (SZSE:300535) Profit Is Only A Baseline For What They Can Achieve
May 01What Sichuan Dowell Science and Technology Inc.'s (SZSE:300535) 36% Share Price Gain Is Not Telling You
Mar 08Returns On Capital Signal Tricky Times Ahead For Sichuan Dowell Science and Technology (SZSE:300535)
Feb 26Financial Position Analysis
Short Term Liabilities: 300535's short term assets (CN¥667.1M) exceed its short term liabilities (CN¥478.2M).
Long Term Liabilities: 300535's short term assets (CN¥667.1M) exceed its long term liabilities (CN¥12.5M).
Debt to Equity History and Analysis
Debt Level: 300535's net debt to equity ratio (26.3%) is considered satisfactory.
Reducing Debt: 300535's debt to equity ratio has increased from 0% to 33.5% over the past 5 years.
Debt Coverage: 300535's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: 300535's interest payments on its debt are well covered by EBIT (9.4x coverage).