Dalian Dalicap TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Dalian Dalicap TechnologyLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥885.4K, which brings its debt-to-equity ratio to 0.07%. Its total assets and total liabilities are CN¥1.4B and CN¥86.6M respectively. Dalian Dalicap TechnologyLtd's EBIT is CN¥106.8M making its interest coverage ratio -9.3. It has cash and short-term investments of CN¥836.5M.
Key information
0.07%
Debt to equity ratio
CN¥885.42k
Debt
| Interest coverage ratio | -9.3x |
| Cash | CN¥836.52m |
| Equity | CN¥1.32b |
| Total liabilities | CN¥86.65m |
| Total assets | CN¥1.41b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 301566's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥35.0M).
Long Term Liabilities: 301566's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥51.6M).
Debt to Equity History and Analysis
Debt Level: 301566 has more cash than its total debt.
Reducing Debt: 301566's debt to equity ratio has increased from 0% to 0.07% over the past 5 years.
Debt Coverage: 301566's debt is well covered by operating cash flow (12357%).
Interest Coverage: 301566 earns more interest than it pays, so coverage of interest payments is not a concern.