Digital China Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Digital China Holdings has a total shareholder equity of CN¥10.1B and total debt of CN¥4.1B, which brings its debt-to-equity ratio to 40.7%. Its total assets and total liabilities are CN¥21.9B and CN¥11.8B respectively. Digital China Holdings's EBIT is CN¥204.3M making its interest coverage ratio 2.1. It has cash and short-term investments of CN¥2.2B.
Key information
40.7%
Debt to equity ratio
CN¥4.12b
Debt
| Interest coverage ratio | 2.1x |
| Cash | CN¥2.21b |
| Equity | CN¥10.12b |
| Total liabilities | CN¥11.79b |
| Total assets | CN¥21.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DCHI.F's short term assets (CN¥12.9B) exceed its short term liabilities (CN¥8.6B).
Long Term Liabilities: DCHI.F's short term assets (CN¥12.9B) exceed its long term liabilities (CN¥3.2B).
Debt to Equity History and Analysis
Debt Level: DCHI.F's net debt to equity ratio (18.9%) is considered satisfactory.
Reducing Debt: DCHI.F's debt to equity ratio has reduced from 45.9% to 40.7% over the past 5 years.
Debt Coverage: DCHI.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DCHI.F's interest payments on its debt are not well covered by EBIT (2.1x coverage).