Datang Group Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Datang Group Holdings has a total shareholder equity of CN¥9.9B and total debt of CN¥9.3B, which brings its debt-to-equity ratio to 93.9%. Its total assets and total liabilities are CN¥57.4B and CN¥47.5B respectively. Datang Group Holdings's EBIT is CN¥1.0B making its interest coverage ratio 16. It has cash and short-term investments of CN¥2.8B.
Key information
93.9%
Debt to equity ratio
CN¥9.27b
Debt
| Interest coverage ratio | 16x |
| Cash | CN¥2.85b |
| Equity | CN¥9.88b |
| Total liabilities | CN¥47.48b |
| Total assets | CN¥57.36b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2117's short term assets (CN¥49.8B) exceed its short term liabilities (CN¥41.5B).
Long Term Liabilities: 2117's short term assets (CN¥49.8B) exceed its long term liabilities (CN¥6.0B).
Debt to Equity History and Analysis
Debt Level: 2117's net debt to equity ratio (65%) is considered high.
Reducing Debt: Insufficient data to determine if 2117's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2117's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: 2117's interest payments on its debt are well covered by EBIT (16x coverage).