Dinglong CultureLtd Balance Sheet Health
Financial Health criteria checks 4/6
Dinglong CultureLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥65.7M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are CN¥2.3B and CN¥603.6M respectively. Dinglong CultureLtd's EBIT is CN¥109.7M making its interest coverage ratio -81.9. It has cash and short-term investments of CN¥41.2M.
Key information
3.8%
Debt to equity ratio
CN¥65.70m
Debt
Interest coverage ratio | -81.9x |
Cash | CN¥41.17m |
Equity | CN¥1.74b |
Total liabilities | CN¥603.60m |
Total assets | CN¥2.35b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002502's short term assets (CN¥653.7M) exceed its short term liabilities (CN¥341.4M).
Long Term Liabilities: 002502's short term assets (CN¥653.7M) exceed its long term liabilities (CN¥262.2M).
Debt to Equity History and Analysis
Debt Level: 002502's net debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: 002502's debt to equity ratio has increased from 0.1% to 3.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 002502 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 002502 has less than a year of cash runway if free cash flow continues to grow at historical rates of 0.7% each year.