Da Ming International Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Da Ming International Holdings has a total shareholder equity of CN¥3.3B and total debt of CN¥10.0B, which brings its debt-to-equity ratio to 304.9%. Its total assets and total liabilities are CN¥16.3B and CN¥13.0B respectively. Da Ming International Holdings's EBIT is CN¥37.3M making its interest coverage ratio 0.2. It has cash and short-term investments of CN¥411.1M.
Key information
304.9%
Debt to equity ratio
CN¥10.03b
Debt
| Interest coverage ratio | 0.2x |
| Cash | CN¥411.05m |
| Equity | CN¥3.29b |
| Total liabilities | CN¥13.04b |
| Total assets | CN¥16.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DM7's short term assets (CN¥10.3B) do not cover its short term liabilities (CN¥10.8B).
Long Term Liabilities: DM7's short term assets (CN¥10.3B) exceed its long term liabilities (CN¥2.2B).
Debt to Equity History and Analysis
Debt Level: DM7's net debt to equity ratio (292.4%) is considered high.
Reducing Debt: DM7's debt to equity ratio has increased from 160.7% to 304.9% over the past 5 years.
Debt Coverage: DM7's debt is not well covered by operating cash flow (4.4%).
Interest Coverage: DM7's interest payments on its debt are not well covered by EBIT (0.2x coverage).