Zhejiang Feida Environmental Science & Technology Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Feida Environmental Science & Technology has a total shareholder equity of CN¥4.5B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 35.4%. Its total assets and total liabilities are CN¥10.6B and CN¥6.1B respectively. Zhejiang Feida Environmental Science & Technology's EBIT is CN¥383.9M making its interest coverage ratio 30.3. It has cash and short-term investments of CN¥2.0B.
Key information
35.4%
Debt to equity ratio
CN¥1.60b
Debt
| Interest coverage ratio | 30.3x |
| Cash | CN¥1.98b |
| Equity | CN¥4.52b |
| Total liabilities | CN¥6.08b |
| Total assets | CN¥10.61b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600526's short term assets (CN¥6.9B) exceed its short term liabilities (CN¥4.8B).
Long Term Liabilities: 600526's short term assets (CN¥6.9B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 600526 has more cash than its total debt.
Reducing Debt: 600526's debt to equity ratio has reduced from 96.4% to 35.4% over the past 5 years.
Debt Coverage: 600526's debt is well covered by operating cash flow (47.5%).
Interest Coverage: 600526's interest payments on its debt are well covered by EBIT (30.3x coverage).