Zhejiang Tengen ElectricsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Tengen ElectricsLtd has a total shareholder equity of CN¥1.8B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.2B and CN¥1.4B respectively. Zhejiang Tengen ElectricsLtd's EBIT is CN¥109.1M making its interest coverage ratio -5.7. It has cash and short-term investments of CN¥803.5M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -5.7x |
| Cash | CN¥803.54m |
| Equity | CN¥1.79b |
| Total liabilities | CN¥1.39b |
| Total assets | CN¥3.18b |
Recent financial health updates
No updates
Recent updates
Zhejiang Tengen ElectricsLtd (SHSE:605066) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 05
Investors Don't See Light At End Of Zhejiang Tengen Electrics Co.,Ltd.'s (SHSE:605066) Tunnel
Jul 03Shareholders Can Be Confident That Zhejiang Tengen ElectricsLtd's (SHSE:605066) Earnings Are High Quality
Apr 29Subdued Growth No Barrier To Zhejiang Tengen Electrics Co.,Ltd. (SHSE:605066) With Shares Advancing 26%
Mar 08Financial Position Analysis
Short Term Liabilities: 605066's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 605066's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥65.7M).
Debt to Equity History and Analysis
Debt Level: 605066 is debt free.
Reducing Debt: 605066 has no debt compared to 5 years ago when its debt to equity ratio was 20.9%.
Debt Coverage: 605066 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 605066 has no debt, therefore coverage of interest payments is not a concern.