Wuxi DK Electronic MaterialsLtd Balance Sheet Health
Financial Health criteria checks 3/6
Wuxi DK Electronic MaterialsLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥3.4B, which brings its debt-to-equity ratio to 213.2%. Its total assets and total liabilities are CN¥8.6B and CN¥7.1B respectively. Wuxi DK Electronic MaterialsLtd's EBIT is CN¥642.9M making its interest coverage ratio 4.7. It has cash and short-term investments of CN¥1.9B.
Key information
213.2%
Debt to equity ratio
CN¥3.37b
Debt
Interest coverage ratio | 4.7x |
Cash | CN¥1.94b |
Equity | CN¥1.58b |
Total liabilities | CN¥7.06b |
Total assets | CN¥8.64b |
Recent financial health updates
Recent updates
We Think Wuxi DK Electronic MaterialsLtd's (SZSE:300842) Solid Earnings Are Understated
Nov 07Investors Still Aren't Entirely Convinced By Wuxi DK Electronic Materials Co.,Ltd.'s (SZSE:300842) Earnings Despite 49% Price Jump
Oct 09Investors Continue Waiting On Sidelines For Wuxi DK Electronic Materials Co.,Ltd. (SZSE:300842)
Jul 25Here's Why Wuxi DK Electronic MaterialsLtd (SZSE:300842) Can Manage Its Debt Responsibly
Jun 09Here's Why Wuxi DK Electronic MaterialsLtd (SZSE:300842) Has Caught The Eye Of Investors
May 22Wuxi DK Electronic MaterialsLtd's (SZSE:300842) Promising Earnings May Rest On Soft Foundations
May 03Should You Investigate Wuxi DK Electronic Materials Co.,Ltd. (SZSE:300842) At CN¥73.10?
Mar 26Wuxi 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¥8.0B) exceed its short term liabilities (CN¥7.0B).
Long Term Liabilities: 300842's short term assets (CN¥8.0B) exceed its long term liabilities (CN¥65.0M).
Debt to Equity History and Analysis
Debt Level: 300842's net debt to equity ratio (90.5%) is considered high.
Reducing Debt: 300842's debt to equity ratio has increased from 86.6% to 213.2% over the past 5 years.
Debt Coverage: 300842's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: 300842's interest payments on its debt are well covered by EBIT (4.7x coverage).