Zhejiang Liju Thermal Equipment Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Liju Thermal Equipment has a total shareholder equity of CN¥1.2B and total debt of CN¥137.6M, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are CN¥2.3B and CN¥1.1B respectively. Zhejiang Liju Thermal Equipment's EBIT is CN¥281.4M making its interest coverage ratio -6.7. It has cash and short-term investments of CN¥391.8M.
Key information
11.7%
Debt to equity ratio
CN¥137.55m
Debt
| Interest coverage ratio | -6.7x |
| Cash | CN¥391.77m |
| Equity | CN¥1.17b |
| Total liabilities | CN¥1.10b |
| Total assets | CN¥2.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603391's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥923.4M).
Long Term Liabilities: 603391's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥176.9M).
Debt to Equity History and Analysis
Debt Level: 603391 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 603391's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 603391's debt is well covered by operating cash flow (244.6%).
Interest Coverage: 603391 earns more interest than it pays, so coverage of interest payments is not a concern.