Digital China Information Service Group Balance Sheet Health
Financial Health criteria checks 6/6
Digital China Information Service Group has a total shareholder equity of CN¥6.1B and total debt of CN¥1.0B, which brings its debt-to-equity ratio to 16.8%. Its total assets and total liabilities are CN¥12.7B and CN¥6.6B respectively. Digital China Information Service Group's EBIT is CN¥145.9M making its interest coverage ratio -3.1. It has cash and short-term investments of CN¥2.0B.
Key information
16.8%
Debt to equity ratio
CN¥1.02b
Debt
| Interest coverage ratio | -3.1x |
| Cash | CN¥2.03b |
| Equity | CN¥6.08b |
| Total liabilities | CN¥6.59b |
| Total assets | CN¥12.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000555's short term assets (CN¥9.9B) exceed its short term liabilities (CN¥6.5B).
Long Term Liabilities: 000555's short term assets (CN¥9.9B) exceed its long term liabilities (CN¥83.1M).
Debt to Equity History and Analysis
Debt Level: 000555 has more cash than its total debt.
Reducing Debt: 000555's debt to equity ratio has reduced from 21.6% to 16.8% over the past 5 years.
Debt Coverage: 000555's debt is well covered by operating cash flow (47.5%).
Interest Coverage: 000555 earns more interest than it pays, so coverage of interest payments is not a concern.