Dareway SoftwareLtd Balance Sheet Health
Financial Health criteria checks 6/6
Dareway SoftwareLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.6B and CN¥283.0M respectively. Dareway SoftwareLtd's EBIT is CN¥61.4M making its interest coverage ratio -9.1. It has cash and short-term investments of CN¥129.6M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -9.1x |
| Cash | CN¥129.59m |
| Equity | CN¥1.34b |
| Total liabilities | CN¥283.00m |
| Total assets | CN¥1.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688579's short term assets (CN¥628.2M) exceed its short term liabilities (CN¥235.6M).
Long Term Liabilities: 688579's short term assets (CN¥628.2M) exceed its long term liabilities (CN¥47.4M).
Debt to Equity History and Analysis
Debt Level: 688579 is debt free.
Reducing Debt: 688579 has not had any debt for past 5 years.
Debt Coverage: 688579 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 688579 has no debt, therefore coverage of interest payments is not a concern.