Deewin Tianxia Balance Sheet Health
Financial Health criteria checks 3/6
Deewin Tianxia has a total shareholder equity of CN¥3.3B and total debt of CN¥4.6B, which brings its debt-to-equity ratio to 139.1%. Its total assets and total liabilities are CN¥9.2B and CN¥5.9B respectively. Deewin Tianxia's EBIT is CN¥221.4M making its interest coverage ratio 20.2. It has cash and short-term investments of CN¥1.1B.
Key information
139.1%
Debt to equity ratio
CN¥4.62b
Debt
Interest coverage ratio | 20.2x |
Cash | CN¥1.09b |
Equity | CN¥3.32b |
Total liabilities | CN¥5.89b |
Total assets | CN¥9.20b |
Recent financial health updates
No updates
Recent updates
What Deewin Tianxia Co., Ltd's (HKG:2418) P/E Is Not Telling You
Apr 17Capital Allocation Trends At Deewin Tianxia (HKG:2418) Aren't Ideal
Dec 07The Returns On Capital At Deewin Tianxia (HKG:2418) Don't Inspire Confidence
Aug 01What Deewin Tianxia Co., Ltd's (HKG:2418) 30% Share Price Gain Is Not Telling You
Apr 10Financial Position Analysis
Short Term Liabilities: 2418's short term assets (CN¥7.0B) exceed its short term liabilities (CN¥5.2B).
Long Term Liabilities: 2418's short term assets (CN¥7.0B) exceed its long term liabilities (CN¥735.5M).
Debt to Equity History and Analysis
Debt Level: 2418's net debt to equity ratio (106.3%) is considered high.
Reducing Debt: Insufficient data to determine if 2418's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2418's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: 2418's interest payments on its debt are well covered by EBIT (20.2x coverage).