Dongguang Chemical Balance Sheet Health
Financial Health criteria checks 6/6
Dongguang Chemical has a total shareholder equity of CN¥1.8B and total debt of CN¥40.0K, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.1B and CN¥334.0M respectively. Dongguang Chemical's EBIT is CN¥254.9M making its interest coverage ratio -49.1. It has cash and short-term investments of CN¥797.8M.
Key information
0.002%
Debt to equity ratio
CN¥40.00k
Debt
| Interest coverage ratio | -49.1x |
| Cash | CN¥797.81m |
| Equity | CN¥1.77b |
| Total liabilities | CN¥334.04m |
| Total assets | CN¥2.10b |
Recent financial health updates
Is Dongguang Chemical (HKG:1702) Using Too Much Debt?
Oct 19
Here's Why Dongguang Chemical (HKG:1702) Can Manage Its Debt Responsibly
Mar 30These 4 Measures Indicate That Dongguang Chemical (HKG:1702) Is Using Debt Reasonably Well
Dec 27
Recent updates
Dongguang Chemical's (HKG:1702) Conservative Accounting Might Explain Soft Earnings
Apr 29Dongguang Chemical's (HKG:1702) Dividend Will Be CN¥0.08
Apr 25Dongguang Chemical's (HKG:1702) Dividend Will Be CN¥0.08
Apr 01Dongguang Chemical Limited's (HKG:1702) Price Is Out Of Tune With Earnings
Dec 29A Look At The Intrinsic Value Of Dongguang Chemical Limited (HKG:1702)
Oct 31We Like These Underlying Return On Capital Trends At Dongguang Chemical (HKG:1702)
Aug 07Dongguang Chemical's (HKG:1702) Dividend Will Be Reduced To CN¥0.08
May 28Returns Are Gaining Momentum At Dongguang Chemical (HKG:1702)
Apr 07Dongguang Chemical (HKG:1702) Is Achieving High Returns On Its Capital
Sep 20Dongguang Chemical's (HKG:1702) Dividend Will Be Increased To HK$0.10
May 29Dongguang Chemical (HKG:1702) Hasn't Managed To Accelerate Its Returns
Dec 31Is Dongguang Chemical (HKG:1702) Using Too Much Debt?
Oct 19Returns At Dongguang Chemical (HKG:1702) Appear To Be Weighed Down
Sep 20Dongguang Chemical's (HKG:1702) Returns On Capital Not Reflecting Well On The Business
Apr 25Here's Why Dongguang Chemical (HKG:1702) Can Manage Its Debt Responsibly
Mar 30Would Shareholders Who Purchased Dongguang Chemical's (HKG:1702) Stock Three Years Be Happy With The Share price Today?
Mar 09Here's How We Evaluate Dongguang Chemical Limited's (HKG:1702) Dividend
Feb 07Is Dongguang Chemical (HKG:1702) Set To Make A Turnaround?
Jan 17These 4 Measures Indicate That Dongguang Chemical (HKG:1702) Is Using Debt Reasonably Well
Dec 27Would Shareholders Who Purchased Dongguang Chemical's (HKG:1702) Stock Three Years Be Happy With The Share price Today?
Dec 09Are Dongguang Chemical's (HKG:1702) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Nov 21Financial Position Analysis
Short Term Liabilities: 1702's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥294.1M).
Long Term Liabilities: 1702's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥39.9M).
Debt to Equity History and Analysis
Debt Level: 1702 has more cash than its total debt.
Reducing Debt: 1702's debt to equity ratio has reduced from 64.8% to 0% over the past 5 years.
Debt Coverage: 1702's debt is well covered by operating cash flow (931930%).
Interest Coverage: 1702 earns more interest than it pays, so coverage of interest payments is not a concern.