Dongguan Tarry ElectronicsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Dongguan Tarry ElectronicsLtd has a total shareholder equity of CN¥3.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.7B and CN¥487.6M respectively. Dongguan Tarry ElectronicsLtd's EBIT is CN¥53.8M making its interest coverage ratio -1. It has cash and short-term investments of CN¥1.4B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -1x |
Cash | CN¥1.42b |
Equity | CN¥3.23b |
Total liabilities | CN¥487.59m |
Total assets | CN¥3.72b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300976's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥473.8M).
Long Term Liabilities: 300976's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥13.8M).
Debt to Equity History and Analysis
Debt Level: 300976 is debt free.
Reducing Debt: 300976 has no debt compared to 5 years ago when its debt to equity ratio was 4%.
Debt Coverage: 300976 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300976 has no debt, therefore coverage of interest payments is not a concern.