Zhejiang Dehong Automotive Electronic & Electrical Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Dehong Automotive Electronic & Electrical has a total shareholder equity of CN¥797.8M and total debt of CN¥27.6M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are CN¥1.2B and CN¥389.8M respectively. Zhejiang Dehong Automotive Electronic & Electrical's EBIT is CN¥24.8M making its interest coverage ratio -11.1. It has cash and short-term investments of CN¥153.0M.
Key information
3.5%
Debt to equity ratio
CN¥27.60m
Debt
| Interest coverage ratio | -11.1x |
| Cash | CN¥153.05m |
| Equity | CN¥797.78m |
| Total liabilities | CN¥389.85m |
| Total assets | CN¥1.19b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603701's short term assets (CN¥736.1M) exceed its short term liabilities (CN¥319.6M).
Long Term Liabilities: 603701's short term assets (CN¥736.1M) exceed its long term liabilities (CN¥70.3M).
Debt to Equity History and Analysis
Debt Level: 603701 has more cash than its total debt.
Reducing Debt: 603701's debt to equity ratio has increased from 1.3% to 3.5% over the past 5 years.
Debt Coverage: 603701's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603701 earns more interest than it pays, so coverage of interest payments is not a concern.