Digital China Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Digital China Holdings has a total shareholder equity of CN¥10.4B and total debt of CN¥3.3B, which brings its debt-to-equity ratio to 31.7%. Its total assets and total liabilities are CN¥22.8B and CN¥12.4B respectively. Digital China Holdings's EBIT is CN¥380.1M making its interest coverage ratio 4.4. It has cash and short-term investments of CN¥3.2B.
Key information
31.7%
Debt to equity ratio
CN¥3.28b
Debt
| Interest coverage ratio | 4.4x |
| Cash | CN¥3.20b |
| Equity | CN¥10.37b |
| Total liabilities | CN¥12.43b |
| Total assets | CN¥22.80b |
Recent financial health updates
These 4 Measures Indicate That Digital China Holdings (HKG:861) Is Using Debt Reasonably Well
Apr 26
These 4 Measures Indicate That Digital China Holdings (HKG:861) Is Using Debt Reasonably Well
Nov 07Digital China Holdings (HKG:861) Seems To Use Debt Rather Sparingly
May 23These 4 Measures Indicate That Digital China Holdings (HKG:861) Is Using Debt Reasonably Well
Apr 13Recent updates
Digital China Holdings (HKG:861) Is Increasing Its Dividend To CN¥0.06
Mar 31Why Investors Shouldn't Be Surprised By Digital China Holdings Limited's (HKG:861) P/E
Feb 21There's Been No Shortage Of Growth Recently For Digital China Holdings' (HKG:861) Returns On Capital
Dec 27Digital China Holdings (HKG:861) Will Pay A Smaller Dividend Than Last Year
Sep 01Digital China Holdings (HKG:861) Is Paying Out Less In Dividends Than Last Year
Jun 29These 4 Measures Indicate That Digital China Holdings (HKG:861) Is Using Debt Reasonably Well
Apr 26Returns Are Gaining Momentum At Digital China Holdings (HKG:861)
Mar 31Should You Be Adding Digital China Holdings (HKG:861) To Your Watchlist Today?
Feb 03There's Been No Shortage Of Growth Recently For Digital China Holdings' (HKG:861) Returns On Capital
Dec 20These 4 Measures Indicate That Digital China Holdings (HKG:861) Is Using Debt Reasonably Well
Nov 07Digital China Holdings (HKG:861) Is Increasing Its Dividend To HK$0.023
Sep 01Digital China Holdings' (HKG:861) Dividend Will Be Increased To HK$0.13
Jun 30Digital China Holdings (HKG:861) Seems To Use Debt Rather Sparingly
May 23Digital China Holdings' (HKG:861) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 29Digital China Holdings (HKG:861) Is Doing The Right Things To Multiply Its Share Price
Apr 28Is Now The Time To Put Digital China Holdings (HKG:861) On Your Watchlist?
Dec 08Investors Could Be Concerned With Digital China Holdings' (HKG:861) Returns On Capital
Aug 17Should You Be Adding Digital China Holdings (HKG:861) To Your Watchlist Today?
Jul 09Returns On Capital At Digital China Holdings (HKG:861) Paint A Concerning Picture
Apr 30These 4 Measures Indicate That Digital China Holdings (HKG:861) Is Using Debt Reasonably Well
Apr 13Why Digital China Holdings Limited (HKG:861) Should Be In Your Dividend Portfolio
Apr 02Do Institutions Own Digital China Holdings Limited (HKG:861) Shares?
Mar 17Insider Buying: Chi Yu Yip Just Spent HK$323m On Digital China Holdings Limited (HKG:861) Shares
Mar 03Is Now The Time To Put Digital China Holdings (HKG:861) On Your Watchlist?
Feb 22Calculating The Intrinsic Value Of Digital China Holdings Limited (HKG:861)
Feb 09
What Do The Returns On Capital At Digital China Holdings (HKG:861) Tell Us?
Jan 26How Many Digital China Holdings Limited (HKG:861) Shares Did Insiders Buy, In The Last Year?
Jan 12Is Digital China Holdings Limited's (HKG:861) 1.1% Dividend Worth Your Time?
Dec 29What Is The Ownership Structure Like For Digital China Holdings Limited (HKG:861)?
Dec 16Has Digital China Holdings Limited's (HKG:861) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Dec 01Financial Position Analysis
Short Term Liabilities: 861's short term assets (CN¥13.8B) exceed its short term liabilities (CN¥9.2B).
Long Term Liabilities: 861's short term assets (CN¥13.8B) exceed its long term liabilities (CN¥3.3B).
Debt to Equity History and Analysis
Debt Level: 861's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: 861's debt to equity ratio has reduced from 50% to 31.7% over the past 5 years.
Debt Coverage: 861's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: 861's interest payments on its debt are well covered by EBIT (4.4x coverage).