Zhejiang Xiantong Rubber&PlasticLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Xiantong Rubber&PlasticLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.5B and CN¥339.1M respectively. Zhejiang Xiantong Rubber&PlasticLtd's EBIT is CN¥191.7M making its interest coverage ratio -798.5. It has cash and short-term investments of CN¥122.8M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -798.5x |
Cash | CN¥122.79m |
Equity | CN¥1.13b |
Total liabilities | CN¥339.08m |
Total assets | CN¥1.46b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603239's short term assets (CN¥940.0M) exceed its short term liabilities (CN¥316.9M).
Long Term Liabilities: 603239's short term assets (CN¥940.0M) exceed its long term liabilities (CN¥22.2M).
Debt to Equity History and Analysis
Debt Level: 603239 is debt free.
Reducing Debt: 603239 had no debt 5 years ago.
Debt Coverage: 603239 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603239 has no debt, therefore coverage of interest payments is not a concern.