Zhejiang Zomax Transmission Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Zomax Transmission has a total shareholder equity of CN¥1.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.9B and CN¥429.6M respectively. Zhejiang Zomax Transmission's EBIT is CN¥72.4M making its interest coverage ratio -11. It has cash and short-term investments of CN¥418.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -11x |
| Cash | CN¥418.67m |
| Equity | CN¥1.46b |
| Total liabilities | CN¥429.58m |
| Total assets | CN¥1.89b |
Financial Position Analysis
Short Term Liabilities: 603767's short term assets (CN¥996.2M) exceed its short term liabilities (CN¥366.7M).
Long Term Liabilities: 603767's short term assets (CN¥996.2M) exceed its long term liabilities (CN¥62.9M).
Debt to Equity History and Analysis
Debt Level: 603767 is debt free.
Reducing Debt: 603767 has no debt compared to 5 years ago when its debt to equity ratio was 2.8%.
Debt Coverage: 603767 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603767 has no debt, therefore coverage of interest payments is not a concern.