Guangdong DFP New Material Group Balance Sheet Health
Financial Health criteria checks 4/6
Guangdong DFP New Material Group has a total shareholder equity of CN¥5.8B and total debt of CN¥393.0M, which brings its debt-to-equity ratio to 6.8%. Its total assets and total liabilities are CN¥7.0B and CN¥1.2B respectively.
Key information
6.8%
Debt to equity ratio
CN¥393.01m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.97b |
| Equity | CN¥5.77b |
| Total liabilities | CN¥1.24b |
| Total assets | CN¥7.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601515's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥599.1M).
Long Term Liabilities: 601515's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥645.7M).
Debt to Equity History and Analysis
Debt Level: 601515 has more cash than its total debt.
Reducing Debt: 601515's debt to equity ratio has reduced from 20.9% to 6.8% over the past 5 years.
Debt Coverage: 601515's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 601515's interest payments on its debt are well covered by EBIT.