NetDragon Websoft Holdings Balance Sheet Health
Financial Health criteria checks 5/6
NetDragon Websoft Holdings has a total shareholder equity of CN¥6.2B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 26.7%. Its total assets and total liabilities are CN¥10.4B and CN¥4.2B respectively. NetDragon Websoft Holdings's EBIT is CN¥825.0M making its interest coverage ratio 3.1. It has cash and short-term investments of CN¥2.6B.
Key information
26.7%
Debt to equity ratio
CN¥1.65b
Debt
| Interest coverage ratio | 3.1x |
| Cash | CN¥2.61b |
| Equity | CN¥6.17b |
| Total liabilities | CN¥4.21b |
| Total assets | CN¥10.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 777's short term assets (CN¥5.0B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 777's short term assets (CN¥5.0B) exceed its long term liabilities (CN¥772.0M).
Debt to Equity History and Analysis
Debt Level: 777 has more cash than its total debt.
Reducing Debt: 777's debt to equity ratio has increased from 9% to 26.7% over the past 5 years.
Debt Coverage: 777's debt is well covered by operating cash flow (67.7%).
Interest Coverage: 777's interest payments on its debt are well covered by EBIT (3.1x coverage).