Dida Balance Sheet Health
Financial Health criteria checks 1/6
Dida has a total shareholder equity of CN¥-3.3B and total debt of CN¥4.3B, which brings its debt-to-equity ratio to -128.6%. Its total assets and total liabilities are CN¥1.6B and CN¥4.9B respectively. Dida's EBIT is CN¥109.1M making its interest coverage ratio -6.8. It has cash and short-term investments of CN¥1.0B.
Key information
-128.6%
Debt to equity ratio
CN¥4.26b
Debt
| Interest coverage ratio | -6.8x |
| Cash | CN¥1.04b |
| Equity | -CN¥3.31b |
| Total liabilities | CN¥4.88b |
| Total assets | CN¥1.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2559 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 2559 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 2559 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 2559's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 2559's debt is not well covered by operating cash flow (5.4%).
Interest Coverage: 2559 earns more interest than it pays, so coverage of interest payments is not a concern.