Zhejiang VIE Science & Technology Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang VIE Science & Technology has a total shareholder equity of CN¥2.4B and total debt of CN¥571.5M, which brings its debt-to-equity ratio to 24.1%. Its total assets and total liabilities are CN¥5.3B and CN¥2.9B respectively. Zhejiang VIE Science & Technology's EBIT is CN¥165.8M making its interest coverage ratio -1. It has cash and short-term investments of CN¥782.5M.
Key information
24.1%
Debt to equity ratio
CN¥571.55m
Debt
| Interest coverage ratio | -1x |
| Cash | CN¥782.50m |
| Equity | CN¥2.37b |
| Total liabilities | CN¥2.88b |
| Total assets | CN¥5.25b |
Recent financial health updates
No updates
Recent updates
Zhejiang VIE Science & Technology (SZSE:002590) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 25
Zhejiang VIE Science & Technology Co., Ltd. (SZSE:002590) Soars 32% But It's A Story Of Risk Vs Reward
Apr 24Here's Why We Think Zhejiang VIE Science & Technology (SZSE:002590) Is Well Worth Watching
Mar 22Zhejiang VIE Science & Technology Co., Ltd.'s (SZSE:002590) Shares Climb 29% But Its Business Is Yet to Catch Up
Mar 06Financial Position Analysis
Short Term Liabilities: 002590's short term assets (CN¥3.2B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 002590's short term assets (CN¥3.2B) exceed its long term liabilities (CN¥350.5M).
Debt to Equity History and Analysis
Debt Level: 002590 has more cash than its total debt.
Reducing Debt: 002590's debt to equity ratio has reduced from 26.2% to 24.1% over the past 5 years.
Debt Coverage: 002590's debt is well covered by operating cash flow (38.1%).
Interest Coverage: 002590 earns more interest than it pays, so coverage of interest payments is not a concern.