Hubei DinglongLtd Balance Sheet Health
Financial Health criteria checks 5/6
Hubei DinglongLtd has a total shareholder equity of CN¥4.7B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are CN¥7.2B and CN¥2.5B respectively. Hubei DinglongLtd's EBIT is CN¥547.7M making its interest coverage ratio 22.7. It has cash and short-term investments of CN¥1.1B.
Key information
28.8%
Debt to equity ratio
CN¥1.35b
Debt
| Interest coverage ratio | 22.7x |
| Cash | CN¥1.10b |
| Equity | CN¥4.71b |
| Total liabilities | CN¥2.51b |
| Total assets | CN¥7.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300054's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 300054's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 300054's net debt to equity ratio (5.4%) is considered satisfactory.
Reducing Debt: 300054's debt to equity ratio has increased from 0% to 28.8% over the past 5 years.
Debt Coverage: 300054's debt is well covered by operating cash flow (57.6%).
Interest Coverage: 300054's interest payments on its debt are well covered by EBIT (22.7x coverage).