Dexin Services Group Balance Sheet Health
Financial Health criteria checks 6/6
Dexin Services Group has a total shareholder equity of CN¥765.4M and total debt of CN¥27.0M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are CN¥1.5B and CN¥746.5M respectively. Dexin Services Group's EBIT is CN¥61.3M making its interest coverage ratio -3.1. It has cash and short-term investments of CN¥471.6M.
Key information
3.5%
Debt to equity ratio
CN¥27.00m
Debt
| Interest coverage ratio | -3.1x |
| Cash | CN¥471.57m |
| Equity | CN¥765.42m |
| Total liabilities | CN¥746.53m |
| Total assets | CN¥1.51b |
Financial Position Analysis
Short Term Liabilities: 2215's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥736.5M).
Long Term Liabilities: 2215's short term assets (CN¥1.5B) 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 20.3% to 3.5% over the past 5 years.
Debt Coverage: 2215's debt is well covered by operating cash flow (260.7%).
Interest Coverage: 2215 earns more interest than it pays, so coverage of interest payments is not a concern.