Zhejiang Yaguang TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Yaguang TechnologyLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.7B and CN¥1.4B respectively. Zhejiang Yaguang TechnologyLtd's EBIT is CN¥190.3M making its interest coverage ratio -51.7. It has cash and short-term investments of CN¥452.8M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -51.7x |
Cash | CN¥452.79m |
Equity | CN¥1.26b |
Total liabilities | CN¥1.45b |
Total assets | CN¥2.71b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603282's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 603282's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥60.4M).
Debt to Equity History and Analysis
Debt Level: 603282 is debt free.
Reducing Debt: 603282 has no debt compared to 5 years ago when its debt to equity ratio was 8.3%.
Debt Coverage: 603282 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603282 has no debt, therefore coverage of interest payments is not a concern.