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¥451.3M, which brings its debt-to-equity ratio to 81.4%. Its total assets and total liabilities are CN¥3.0B and CN¥2.5B respectively. Datang Telecom Technology's EBIT is CN¥24.6M making its interest coverage ratio -0.4. It has cash and short-term investments of CN¥574.0M.
Key information
81.4%
Debt to equity ratio
CN¥451.26m
Debt
Interest coverage ratio | -0.4x |
Cash | CN¥574.03m |
Equity | CN¥554.48m |
Total liabilities | CN¥2.47b |
Total assets | CN¥3.02b |
Recent financial health updates
No updates
Recent updates
Datang 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¥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 81.4% 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.