DongHua Testing Technology Balance Sheet Health
Financial Health criteria checks 5/6
DongHua Testing Technology has a total shareholder equity of CN¥737.3M and total debt of CN¥18.0M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are CN¥825.5M and CN¥88.3M respectively. DongHua Testing Technology's EBIT is CN¥115.7M making its interest coverage ratio 1057.2. It has cash and short-term investments of CN¥30.6M.
Key information
2.4%
Debt to equity ratio
CN¥18.00m
Debt
| Interest coverage ratio | 1057.2x |
| Cash | CN¥30.56m |
| Equity | CN¥737.28m |
| Total liabilities | CN¥88.25m |
| Total assets | CN¥825.53m |
Recent financial health updates
No updates
Recent updates
DongHua Testing Technology Co. , Ltd.'s (SZSE:300354) P/E Is Still On The Mark Following 37% Share Price Bounce
Oct 08
DongHua Testing Technology Co. , Ltd. (SZSE:300354) Just Reported Earnings, And Analysts Cut Their Target Price
Aug 22What You Can Learn From DongHua Testing Technology Co. , Ltd.'s (SZSE:300354) P/E
Aug 01There's Been No Shortage Of Growth Recently For DongHua Testing Technology's (SZSE:300354) Returns On Capital
May 31DongHua Testing Technology's (SZSE:300354) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 22DongHua Testing Technology Co. , Ltd. (SZSE:300354) Analysts Are More Bearish Than They Used To Be
Apr 17DongHua Testing Technology Co. , Ltd.'s (SZSE:300354) P/E Is Still On The Mark Following 26% Share Price Bounce
Feb 29Earnings Tell The Story For DongHua Testing Technology Co. , Ltd. (SZSE:300354) As Its Stock Soars 26%
Feb 29Financial Position Analysis
Short Term Liabilities: 300354's short term assets (CN¥656.7M) exceed its short term liabilities (CN¥81.8M).
Long Term Liabilities: 300354's short term assets (CN¥656.7M) exceed its long term liabilities (CN¥6.5M).
Debt to Equity History and Analysis
Debt Level: 300354 has more cash than its total debt.
Reducing Debt: 300354's debt to equity ratio has increased from 0% to 2.4% over the past 5 years.
Debt Coverage: 300354's debt is well covered by operating cash flow (191.1%).
Interest Coverage: 300354's interest payments on its debt are well covered by EBIT (1057.2x coverage).