Zhejiang Yaguang TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Yaguang TechnologyLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥2.8B and CN¥1.6B respectively. Zhejiang Yaguang TechnologyLtd's EBIT is CN¥113.9M making its interest coverage ratio -8.4. It has cash and short-term investments of CN¥445.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -8.4x |
| Cash | CN¥445.70m |
| Equity | CN¥1.24b |
| Total liabilities | CN¥1.61b |
| Total assets | CN¥2.84b |
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¥1.6B).
Long Term Liabilities: 603282's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥45.6M).
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 2.4%.
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.