Shenzhen Das Intellitech Balance Sheet Health
Financial Health criteria checks 2/6
Shenzhen Das Intellitech has a total shareholder equity of CN¥3.6B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 81.2%. Its total assets and total liabilities are CN¥9.4B and CN¥5.8B respectively. Shenzhen Das Intellitech's EBIT is CN¥50.3M making its interest coverage ratio 0.7. It has cash and short-term investments of CN¥1.3B.
Key information
81.2%
Debt to equity ratio
CN¥2.90b
Debt
Interest coverage ratio | 0.7x |
Cash | CN¥1.29b |
Equity | CN¥3.57b |
Total liabilities | CN¥5.83b |
Total assets | CN¥9.40b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002421's short term assets (CN¥4.9B) exceed its short term liabilities (CN¥3.3B).
Long Term Liabilities: 002421's short term assets (CN¥4.9B) exceed its long term liabilities (CN¥2.5B).
Debt to Equity History and Analysis
Debt Level: 002421's net debt to equity ratio (45.2%) is considered high.
Reducing Debt: 002421's debt to equity ratio has increased from 50.5% to 81.2% over the past 5 years.
Debt Coverage: 002421's debt is not well covered by operating cash flow (7.1%).
Interest Coverage: 002421's interest payments on its debt are not well covered by EBIT (0.7x coverage).