Wuxi DK Electronic MaterialsLtd Balance Sheet Health
Financial Health criteria checks 3/6
Wuxi DK Electronic MaterialsLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥3.9B, which brings its debt-to-equity ratio to 269.1%. Its total assets and total liabilities are CN¥7.5B and CN¥6.1B respectively. Wuxi DK Electronic MaterialsLtd's EBIT is CN¥659.7M making its interest coverage ratio 6.7. It has cash and short-term investments of CN¥2.1B.
Key information
269.1%
Debt to equity ratio
CN¥3.89b
Debt
Interest coverage ratio | 6.7x |
Cash | CN¥2.13b |
Equity | CN¥1.45b |
Total liabilities | CN¥6.09b |
Total assets | CN¥7.54b |
Recent financial health updates
Recent updates
Here'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¥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 (121.7%) is considered high.
Reducing Debt: 300842's debt to equity ratio has increased from 76.8% to 269.1% 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 (6.7x coverage).