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¥1.4B and CN¥307.6M respectively. Zhejiang Xiantong Rubber&PlasticLtd's EBIT is CN¥198.3M making its interest coverage ratio -3292.3. It has cash and short-term investments of CN¥60.3M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -3292.3x |
| Cash | CN¥60.34m |
| Equity | CN¥1.12b |
| Total liabilities | CN¥307.58m |
| Total assets | CN¥1.43b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603239's short term assets (CN¥904.8M) exceed its short term liabilities (CN¥285.9M).
Long Term Liabilities: 603239's short term assets (CN¥904.8M) exceed its long term liabilities (CN¥21.7M).
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.