Dashang Balance Sheet Health
Financial Health criteria checks 6/6
Dashang has a total shareholder equity of CN¥8.9B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥17.6B and CN¥8.6B respectively. Dashang's EBIT is CN¥981.6M making its interest coverage ratio 10. It has cash and short-term investments of CN¥4.6B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | 10x |
| Cash | CN¥4.61b |
| Equity | CN¥8.95b |
| Total liabilities | CN¥8.64b |
| Total assets | CN¥17.59b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600694's short term assets (CN¥9.9B) exceed its short term liabilities (CN¥5.6B).
Long Term Liabilities: 600694's short term assets (CN¥9.9B) exceed its long term liabilities (CN¥3.1B).
Debt to Equity History and Analysis
Debt Level: 600694 is debt free.
Reducing Debt: 600694 has no debt compared to 5 years ago when its debt to equity ratio was 11%.
Debt Coverage: 600694 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600694 has no debt, therefore coverage of interest payments is not a concern.