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¥100.0M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are CN¥1.5B and CN¥184.7M respectively. Dalian Dalicap TechnologyLtd's EBIT is CN¥111.0M making its interest coverage ratio 38.5. It has cash and short-term investments of CN¥914.9M.
Key information
7.8%
Debt to equity ratio
CN¥100.04m
Debt
Interest coverage ratio | 38.5x |
Cash | CN¥914.87m |
Equity | CN¥1.29b |
Total liabilities | CN¥184.70m |
Total assets | CN¥1.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301566's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥83.0M).
Long Term Liabilities: 301566's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥101.7M).
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 7.8% over the past 5 years.
Debt Coverage: 301566's debt is well covered by operating cash flow (162.4%).
Interest Coverage: 301566's interest payments on its debt are well covered by EBIT (38.5x coverage).