DHC SoftwareLtd Balance Sheet Health
Financial Health criteria checks 4/6
DHC SoftwareLtd has a total shareholder equity of CN¥12.1B and total debt of CN¥5.4B, which brings its debt-to-equity ratio to 44.4%. Its total assets and total liabilities are CN¥24.3B and CN¥12.2B respectively. DHC SoftwareLtd's EBIT is CN¥599.5M making its interest coverage ratio -24.7. It has cash and short-term investments of CN¥1.0B.
Key information
44.4%
Debt to equity ratio
CN¥5.39b
Debt
| Interest coverage ratio | -24.7x |
| Cash | CN¥1.01b |
| Equity | CN¥12.12b |
| Total liabilities | CN¥12.18b |
| Total assets | CN¥24.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002065's short term assets (CN¥20.7B) exceed its short term liabilities (CN¥12.0B).
Long Term Liabilities: 002065's short term assets (CN¥20.7B) exceed its long term liabilities (CN¥167.4M).
Debt to Equity History and Analysis
Debt Level: 002065's net debt to equity ratio (36.1%) is considered satisfactory.
Reducing Debt: 002065's debt to equity ratio has increased from 20.2% to 44.4% over the past 5 years.
Debt Coverage: 002065's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002065 earns more interest than it pays, so coverage of interest payments is not a concern.