Dnake (Xiamen) Intelligent Technology Balance Sheet Health
Financial Health criteria checks 6/6
Dnake (Xiamen) Intelligent Technology has a total shareholder equity of CN¥1.3B and total debt of CN¥43.9M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are CN¥1.7B and CN¥443.7M respectively. Dnake (Xiamen) Intelligent Technology's EBIT is CN¥29.5M making its interest coverage ratio -2.7. It has cash and short-term investments of CN¥429.1M.
Key information
3.4%
Debt to equity ratio
CN¥43.94m
Debt
| Interest coverage ratio | -2.7x |
| Cash | CN¥429.14m |
| Equity | CN¥1.30b |
| Total liabilities | CN¥443.67m |
| Total assets | CN¥1.74b |
Recent financial health updates
No updates
Recent updates
Dnake (Xiamen) Intelligent Technology Co., Ltd.'s (SZSE:300884) 28% Jump Shows Its Popularity With Investors
Sep 30
Returns On Capital Signal Tricky Times Ahead For Dnake (Xiamen) Intelligent Technology (SZSE:300884)
Aug 01Dnake (Xiamen) Intelligent Technology (SZSE:300884) Is Paying Out A Larger Dividend Than Last Year
May 26Dnake (Xiamen) Intelligent Technology (SZSE:300884) Could Be Struggling To Allocate Capital
Apr 17Dnake (Xiamen) Intelligent Technology Co., Ltd. (SZSE:300884) Stock Rockets 36% As Investors Are Less Pessimistic Than Expected
Mar 06Financial Position Analysis
Short Term Liabilities: 300884's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥434.3M).
Long Term Liabilities: 300884's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥9.3M).
Debt to Equity History and Analysis
Debt Level: 300884 has more cash than its total debt.
Reducing Debt: 300884's debt to equity ratio has reduced from 6.4% to 3.4% over the past 5 years.
Debt Coverage: 300884's debt is well covered by operating cash flow (22.6%).
Interest Coverage: 300884 earns more interest than it pays, so coverage of interest payments is not a concern.