Datang Telecom Technology Balance Sheet Health
Financial Health criteria checks 4/6
Datang Telecom Technology has a total shareholder equity of CN¥554.5M and total debt of CN¥459.2M, which brings its debt-to-equity ratio to 82.8%. Its total assets and total liabilities are CN¥3.0B and CN¥2.5B respectively. Datang Telecom Technology's EBIT is CN¥80.1M making its interest coverage ratio -1.3. It has cash and short-term investments of CN¥574.0M.
Key information
82.8%
Debt to equity ratio
CN¥459.20m
Debt
| Interest coverage ratio | -1.3x |
| Cash | CN¥574.03m |
| Equity | CN¥554.48m |
| Total liabilities | CN¥2.47b |
| Total assets | CN¥3.02b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600198's short term assets (CN¥2.2B) do not cover its short term liabilities (CN¥2.3B).
Long Term Liabilities: 600198's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥146.2M).
Debt to Equity History and Analysis
Debt Level: 600198 has more cash than its total debt.
Reducing Debt: 600198's debt to equity ratio has reduced from 618.6% to 82.8% over the past 5 years.
Debt Coverage: 600198's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600198 earns more interest than it pays, so coverage of interest payments is not a concern.