DongHua Testing Technology Balance Sheet Health
Financial Health criteria checks 4/6
DongHua Testing Technology has a total shareholder equity of CN¥715.3M and total debt of CN¥18.0M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are CN¥820.7M and CN¥105.4M respectively. DongHua Testing Technology's EBIT is CN¥128.2M making its interest coverage ratio -1826.7. It has cash and short-term investments of CN¥14.0M.
Key information
2.5%
Debt to equity ratio
CN¥18.00m
Debt
| Interest coverage ratio | -1826.7x |
| Cash | CN¥13.96m |
| Equity | CN¥715.30m |
| Total liabilities | CN¥105.43m |
| Total assets | CN¥820.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300354's short term assets (CN¥640.3M) exceed its short term liabilities (CN¥98.9M).
Long Term Liabilities: 300354's short term assets (CN¥640.3M) exceed its long term liabilities (CN¥6.6M).
Debt to Equity History and Analysis
Debt Level: 300354's net debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: 300354's debt to equity ratio has increased from 0% to 2.5% over the past 5 years.
Debt Coverage: 300354's debt is not well covered by operating cash flow (4.8%).
Interest Coverage: 300354 earns more interest than it pays, so coverage of interest payments is not a concern.