Daqo New Energy Balance Sheet Health
Financial Health criteria checks 6/6
Daqo New Energy has a total shareholder equity of $6.4B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $7.2B and $861.9M respectively. Daqo New Energy's EBIT is $350.1M making its interest coverage ratio -835.6. It has cash and short-term investments of $2.7B.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -835.6x |
Cash | US$2.69b |
Equity | US$6.39b |
Total liabilities | US$861.87m |
Total assets | US$7.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5DQ2's short term assets ($3.3B) exceed its short term liabilities ($719.9M).
Long Term Liabilities: 5DQ2's short term assets ($3.3B) exceed its long term liabilities ($141.9M).
Debt to Equity History and Analysis
Debt Level: 5DQ2 is debt free.
Reducing Debt: 5DQ2 has no debt compared to 5 years ago when its debt to equity ratio was 35.1%.
Debt Coverage: 5DQ2 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 5DQ2 has no debt, therefore coverage of interest payments is not a concern.