Differ Group Auto Balance Sheet Health
Financial Health criteria checks 2/6
Differ Group Auto has a total shareholder equity of CN¥2.5B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 84%. Its total assets and total liabilities are CN¥8.9B and CN¥6.3B respectively.
Key information
84.0%
Debt to equity ratio
CN¥2.14b
Debt
Interest coverage ratio | n/a |
Cash | CN¥95.59m |
Equity | CN¥2.54b |
Total liabilities | CN¥6.34b |
Total assets | CN¥8.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2923's short term assets (CN¥6.4B) exceed its short term liabilities (CN¥5.9B).
Long Term Liabilities: 2923's short term assets (CN¥6.4B) exceed its long term liabilities (CN¥397.7M).
Debt to Equity History and Analysis
Debt Level: 2923's net debt to equity ratio (80.3%) is considered high.
Reducing Debt: 2923's debt to equity ratio has increased from 30.1% to 84% over the past 5 years.
Debt Coverage: 2923's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 2923's interest payments on its debt are well covered by EBIT.