Shanghai Dongzheng Automotive Finance Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Dongzheng Automotive Finance has a total shareholder equity of CN¥3.5B and total debt of CN¥33.5M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are CN¥3.6B and CN¥105.7M respectively.
Key information
0.9%
Debt to equity ratio
CN¥33.53m
Debt
| Interest coverage ratio | n/a |
| Cash | n/a |
| Equity | CN¥3.53b |
| Total liabilities | CN¥105.75m |
| Total assets | CN¥3.64b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2718's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥67.1M).
Long Term Liabilities: 2718's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥38.6M).
Debt to Equity History and Analysis
Debt Level: 2718's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: 2718's debt to equity ratio has reduced from 263.8% to 0.9% over the past 5 years.
Debt Coverage: 2718's debt is well covered by operating cash flow (2641.8%).
Interest Coverage: Insufficient data to determine if 2718's interest payments on its debt are well covered by EBIT.