NetDragon Websoft Holdings Balance Sheet Health
Financial Health criteria checks 5/6
NetDragon Websoft Holdings has a total shareholder equity of CN¥6.3B and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 31.3%. Its total assets and total liabilities are CN¥10.6B and CN¥4.3B respectively. NetDragon Websoft Holdings's EBIT is CN¥791.0M making its interest coverage ratio 5.4. It has cash and short-term investments of CN¥2.7B.
Key information
31.3%
Debt to equity ratio
CN¥1.97b
Debt
| Interest coverage ratio | 5.4x |
| Cash | CN¥2.72b |
| Equity | CN¥6.28b |
| Total liabilities | CN¥4.28b |
| Total assets | CN¥10.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3ND's short term assets (CN¥5.5B) exceed its short term liabilities (CN¥4.1B).
Long Term Liabilities: 3ND's short term assets (CN¥5.5B) exceed its long term liabilities (CN¥229.0M).
Debt to Equity History and Analysis
Debt Level: 3ND has more cash than its total debt.
Reducing Debt: 3ND's debt to equity ratio has increased from 9.4% to 31.3% over the past 5 years.
Debt Coverage: 3ND's debt is well covered by operating cash flow (46.6%).
Interest Coverage: 3ND's interest payments on its debt are well covered by EBIT (5.4x coverage).