Dexin Services Group Balance Sheet Health
Financial Health criteria checks 5/6
Dexin Services Group has a total shareholder equity of CN¥759.0M and total debt of CN¥27.0M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are CN¥1.4B and CN¥665.6M respectively. Dexin Services Group's EBIT is CN¥66.2M making its interest coverage ratio -3. It has cash and short-term investments of CN¥501.2M.
Key information
3.6%
Debt to equity ratio
CN¥27.00m
Debt
Interest coverage ratio | -3x |
Cash | CN¥501.21m |
Equity | CN¥759.03m |
Total liabilities | CN¥665.62m |
Total assets | CN¥1.42b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2215's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥655.6M).
Long Term Liabilities: 2215's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥10.0M).
Debt to Equity History and Analysis
Debt Level: 2215 has more cash than its total debt.
Reducing Debt: 2215's debt to equity ratio has reduced from 24% to 3.6% over the past 5 years.
Debt Coverage: 2215's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2215 earns more interest than it pays, so coverage of interest payments is not a concern.