Datang Telecom Technology Balance Sheet Health
Financial Health criteria checks 5/6
Datang Telecom Technology has a total shareholder equity of CN¥576.5M and total debt of CN¥250.6M, which brings its debt-to-equity ratio to 43.5%. Its total assets and total liabilities are CN¥2.6B and CN¥2.1B respectively. Datang Telecom Technology's EBIT is CN¥40.5M making its interest coverage ratio -0.9. It has cash and short-term investments of CN¥261.7M.
Key information
43.5%
Debt to equity ratio
CN¥250.60m
Debt
| Interest coverage ratio | -0.9x |
| Cash | CN¥261.66m |
| Equity | CN¥576.47m |
| Total liabilities | CN¥2.06b |
| Total assets | CN¥2.64b |
Recent financial health updates
Recent updates
Datang Telecom Technology's (SHSE:600198) Profits May Be Overstating Its True Earnings Potential
Nov 05
Investor Optimism Abounds Datang Telecom Technology Co., Ltd. (SHSE:600198) But Growth Is Lacking
Sep 19Does Datang Telecom Technology (SHSE:600198) Have A Healthy Balance Sheet?
Jul 31Datang Telecom Technology's (SHSE:600198) Shareholders May Want To Dig Deeper Than Statutory Profit
May 06Datang Telecom Technology Co., Ltd.'s (SHSE:600198) Shares Climb 25% But Its Business Is Yet to Catch Up
Mar 28Datang Telecom Technology Co., Ltd.'s (SHSE:600198) 25% Share Price Surge Not Quite Adding Up
Mar 27Financial Position Analysis
Short Term Liabilities: 600198's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 600198's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥939.1M).
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 4434.3% to 43.5% 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.