Do-Fluoride New Materials Balance Sheet Health
Financial Health criteria checks 5/6
Do-Fluoride New Materials has a total shareholder equity of CN¥11.7B and total debt of CN¥5.4B, which brings its debt-to-equity ratio to 45.9%. Its total assets and total liabilities are CN¥22.4B and CN¥10.7B respectively. Do-Fluoride New Materials's EBIT is CN¥531.6M making its interest coverage ratio -137.4. It has cash and short-term investments of CN¥6.8B.
Key information
45.9%
Debt to equity ratio
CN¥5.39b
Debt
| Interest coverage ratio | -137.4x |
| Cash | CN¥6.76b |
| Equity | CN¥11.73b |
| Total liabilities | CN¥10.71b |
| Total assets | CN¥22.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002407's short term assets (CN¥11.7B) exceed its short term liabilities (CN¥5.8B).
Long Term Liabilities: 002407's short term assets (CN¥11.7B) exceed its long term liabilities (CN¥4.9B).
Debt to Equity History and Analysis
Debt Level: 002407 has more cash than its total debt.
Reducing Debt: 002407's debt to equity ratio has reduced from 72.7% to 45.9% over the past 5 years.
Debt Coverage: 002407's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002407 earns more interest than it pays, so coverage of interest payments is not a concern.