Dongyue Group Balance Sheet Health
Financial Health criteria checks 6/6
Dongyue Group has a total shareholder equity of CN¥16.9B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥21.9B and CN¥5.0B respectively. Dongyue Group's EBIT is CN¥350.7M making its interest coverage ratio -3.8. It has cash and short-term investments of CN¥3.1B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -3.8x |
Cash | CN¥3.13b |
Equity | CN¥16.94b |
Total liabilities | CN¥5.01b |
Total assets | CN¥21.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4D3's short term assets (CN¥7.6B) exceed its short term liabilities (CN¥4.6B).
Long Term Liabilities: 4D3's short term assets (CN¥7.6B) exceed its long term liabilities (CN¥450.5M).
Debt to Equity History and Analysis
Debt Level: 4D3 is debt free.
Reducing Debt: 4D3 has no debt compared to 5 years ago when its debt to equity ratio was 22.2%.
Debt Coverage: 4D3 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 4D3 has no debt, therefore coverage of interest payments is not a concern.