Wuxi DK Electronic MaterialsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Wuxi DK Electronic MaterialsLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥2.5B, which brings its debt-to-equity ratio to 176%. Its total assets and total liabilities are CN¥7.5B and CN¥6.1B respectively. Wuxi DK Electronic MaterialsLtd's EBIT is CN¥683.7M making its interest coverage ratio 7.8. It has cash and short-term investments of CN¥2.1B.
Key information
176.0%
Debt to equity ratio
CN¥2.55b
Debt
| Interest coverage ratio | 7.8x |
| Cash | CN¥2.13b |
| Equity | CN¥1.45b |
| Total liabilities | CN¥6.09b |
| Total assets | CN¥7.54b |
Recent financial health updates
No updates
Recent updates
Should You Investigate Wuxi DK Electronic Materials Co.,Ltd. (SZSE:300842) At CN¥73.10?
Mar 26
Wuxi DK Electronic Materials Co.,Ltd. (SZSE:300842) Held Back By Insufficient Growth Even After Shares Climb 26%
Mar 05Analysts' Revenue Estimates For Wuxi DK Electronic Materials Co.,Ltd. (SZSE:300842) Are Surging Higher
Mar 04Financial Position Analysis
Short Term Liabilities: 300842's short term assets (CN¥7.0B) exceed its short term liabilities (CN¥6.0B).
Long Term Liabilities: 300842's short term assets (CN¥7.0B) exceed its long term liabilities (CN¥71.5M).
Debt to Equity History and Analysis
Debt Level: 300842's net debt to equity ratio (28.6%) is considered satisfactory.
Reducing Debt: 300842's debt to equity ratio has increased from 76.8% to 176% over the past 5 years.
Debt Coverage: 300842's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300842's interest payments on its debt are well covered by EBIT (7.8x coverage).