Zhejiang Xidamen New MaterialLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Xidamen New MaterialLtd 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¥1.3B and CN¥99.3M respectively. Zhejiang Xidamen New MaterialLtd's EBIT is CN¥105.6M making its interest coverage ratio -5.8. It has cash and short-term investments of CN¥539.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -5.8x |
| Cash | CN¥539.74m |
| Equity | CN¥1.24b |
| Total liabilities | CN¥99.34m |
| Total assets | CN¥1.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 605155's short term assets (CN¥816.3M) exceed its short term liabilities (CN¥92.3M).
Long Term Liabilities: 605155's short term assets (CN¥816.3M) exceed its long term liabilities (CN¥7.1M).
Debt to Equity History and Analysis
Debt Level: 605155 is debt free.
Reducing Debt: 605155 has not had any debt for past 5 years.
Debt Coverage: 605155 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 605155 has no debt, therefore coverage of interest payments is not a concern.