Hubei DinglongLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hubei DinglongLtd has a total shareholder equity of CN¥4.5B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are CN¥7.0B and CN¥2.5B respectively. Hubei DinglongLtd's EBIT is CN¥451.3M making its interest coverage ratio 21.7. It has cash and short-term investments of CN¥999.6M.
Key information
30.0%
Debt to equity ratio
CN¥1.35b
Debt
| Interest coverage ratio | 21.7x |
| Cash | CN¥999.64m |
| Equity | CN¥4.50b |
| Total liabilities | CN¥2.46b |
| Total assets | CN¥6.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300054's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: 300054's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 300054's net debt to equity ratio (7.8%) is considered satisfactory.
Reducing Debt: 300054's debt to equity ratio has increased from 0% to 30% over the past 5 years.
Debt Coverage: 300054's debt is well covered by operating cash flow (50.1%).
Interest Coverage: 300054's interest payments on its debt are well covered by EBIT (21.7x coverage).