NetDragon Websoft Holdings Balance Sheet Health
Financial Health criteria checks 5/6
NetDragon Websoft Holdings has a total shareholder equity of CN¥6.6B and total debt of CN¥2.1B, which brings its debt-to-equity ratio to 31.4%. Its total assets and total liabilities are CN¥11.0B and CN¥4.4B respectively. NetDragon Websoft Holdings's EBIT is CN¥1.3B making its interest coverage ratio 6.9. It has cash and short-term investments of CN¥4.0B.
Key information
31.4%
Debt to equity ratio
CN¥2.07b
Debt
| Interest coverage ratio | 6.9x |
| Cash | CN¥3.99b |
| Equity | CN¥6.60b |
| Total liabilities | CN¥4.43b |
| Total assets | CN¥11.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NDWT.Y's short term assets (CN¥6.7B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: NDWT.Y's short term assets (CN¥6.7B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: NDWT.Y has more cash than its total debt.
Reducing Debt: NDWT.Y's debt to equity ratio has increased from 8.3% to 31.4% over the past 5 years.
Debt Coverage: NDWT.Y's debt is well covered by operating cash flow (51.6%).
Interest Coverage: NDWT.Y's interest payments on its debt are well covered by EBIT (6.9x coverage).