Digiwin SoftwareLtd Balance Sheet Health
Financial Health criteria checks 5/6
Digiwin SoftwareLtd has a total shareholder equity of CN¥2.2B and total debt of CN¥30.0M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are CN¥3.0B and CN¥811.4M respectively. Digiwin SoftwareLtd's EBIT is CN¥198.0M making its interest coverage ratio -15.4. It has cash and short-term investments of CN¥693.0M.
Key information
1.4%
Debt to equity ratio
CN¥30.02m
Debt
| Interest coverage ratio | -15.4x |
| Cash | CN¥693.00m |
| Equity | CN¥2.17b |
| Total liabilities | CN¥811.37m |
| Total assets | CN¥2.99b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300378's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥751.5M).
Long Term Liabilities: 300378's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥59.9M).
Debt to Equity History and Analysis
Debt Level: 300378 has more cash than its total debt.
Reducing Debt: 300378's debt to equity ratio has reduced from 25.4% to 1.4% over the past 5 years.
Debt Coverage: 300378's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300378 earns more interest than it pays, so coverage of interest payments is not a concern.