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Dexin China Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Dexin China Holdings has a total shareholder equity of CN¥16.6B and total debt of CN¥18.8B, which brings its debt-to-equity ratio to 113.6%. Its total assets and total liabilities are CN¥95.7B and CN¥79.1B respectively. Dexin China Holdings's EBIT is CN¥631.0M making its interest coverage ratio 16. It has cash and short-term investments of CN¥5.4B.
Key information
113.6%
Debt to equity ratio
CN¥18.84b
Debt
Interest coverage ratio | 16x |
Cash | CN¥5.41b |
Equity | CN¥16.59b |
Total liabilities | CN¥79.14b |
Total assets | CN¥95.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2019's short term assets (CN¥83.7B) exceed its short term liabilities (CN¥68.1B).
Long Term Liabilities: 2019's short term assets (CN¥83.7B) exceed its long term liabilities (CN¥11.0B).
Debt to Equity History and Analysis
Debt Level: 2019's net debt to equity ratio (80.9%) is considered high.
Reducing Debt: 2019's debt to equity ratio has reduced from 316.1% to 113.6% over the past 5 years.
Debt Coverage: 2019's debt is not well covered by operating cash flow (18.6%).
Interest Coverage: 2019's interest payments on its debt are well covered by EBIT (16x coverage).