Zhejiang Dongwang Times Technology Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Dongwang Times Technology has a total shareholder equity of CN¥3.1B and total debt of CN¥75.0M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are CN¥3.4B and CN¥305.4M respectively. Zhejiang Dongwang Times Technology's EBIT is CN¥68.5M making its interest coverage ratio -1.5. It has cash and short-term investments of CN¥758.8M.
Key information
2.4%
Debt to equity ratio
CN¥75.02m
Debt
| Interest coverage ratio | -1.5x |
| Cash | CN¥758.81m |
| Equity | CN¥3.07b |
| Total liabilities | CN¥305.38m |
| Total assets | CN¥3.37b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600052's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥180.6M).
Long Term Liabilities: 600052's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥124.8M).
Debt to Equity History and Analysis
Debt Level: 600052 has more cash than its total debt.
Reducing Debt: 600052's debt to equity ratio has increased from 0.3% to 2.4% over the past 5 years.
Debt Coverage: 600052's debt is well covered by operating cash flow (219.8%).
Interest Coverage: 600052 earns more interest than it pays, so coverage of interest payments is not a concern.