Shenzhen Das Intellitech Balance Sheet Health
Financial Health criteria checks 3/6
Shenzhen Das Intellitech has a total shareholder equity of CN¥3.6B and total debt of CN¥3.2B, which brings its debt-to-equity ratio to 90.1%. Its total assets and total liabilities are CN¥9.6B and CN¥6.0B respectively. Shenzhen Das Intellitech's EBIT is CN¥122.3M making its interest coverage ratio 4.9. It has cash and short-term investments of CN¥1.6B.
Key information
90.1%
Debt to equity ratio
CN¥3.23b
Debt
Interest coverage ratio | 4.9x |
Cash | CN¥1.60b |
Equity | CN¥3.59b |
Total liabilities | CN¥6.03b |
Total assets | CN¥9.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002421's short term assets (CN¥5.5B) exceed its short term liabilities (CN¥3.2B).
Long Term Liabilities: 002421's short term assets (CN¥5.5B) exceed its long term liabilities (CN¥2.8B).
Debt to Equity History and Analysis
Debt Level: 002421's net debt to equity ratio (45.5%) is considered high.
Reducing Debt: 002421's debt to equity ratio has increased from 50.2% to 90.1% over the past 5 years.
Debt Coverage: 002421's debt is not well covered by operating cash flow (0.2%).
Interest Coverage: 002421's interest payments on its debt are well covered by EBIT (4.9x coverage).