DHC SoftwareLtd Balance Sheet Health
Financial Health criteria checks 4/6
DHC SoftwareLtd has a total shareholder equity of CN¥12.0B and total debt of CN¥4.6B, which brings its debt-to-equity ratio to 38.4%. Its total assets and total liabilities are CN¥23.0B and CN¥11.0B respectively. DHC SoftwareLtd's EBIT is CN¥501.6M making its interest coverage ratio 6. It has cash and short-term investments of CN¥911.0M.
Key information
38.4%
Debt to equity ratio
CN¥4.60b
Debt
Interest coverage ratio | 6x |
Cash | CN¥910.96m |
Equity | CN¥12.00b |
Total liabilities | CN¥11.02b |
Total assets | CN¥23.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002065's short term assets (CN¥19.7B) exceed its short term liabilities (CN¥10.9B).
Long Term Liabilities: 002065's short term assets (CN¥19.7B) exceed its long term liabilities (CN¥163.6M).
Debt to Equity History and Analysis
Debt Level: 002065's net debt to equity ratio (30.8%) is considered satisfactory.
Reducing Debt: 002065's debt to equity ratio has increased from 16.5% to 38.4% over the past 5 years.
Debt Coverage: 002065's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002065's interest payments on its debt are well covered by EBIT (6x coverage).