Changzhou Evergreen Technology Balance Sheet Health
Financial Health criteria checks 6/6
Changzhou Evergreen Technology has a total shareholder equity of CN¥1.1B 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¥197.2M respectively. Changzhou Evergreen Technology's EBIT is CN¥50.3M making its interest coverage ratio -17.4. It has cash and short-term investments of CN¥487.5M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -17.4x |
| Cash | CN¥487.52m |
| Equity | CN¥1.11b |
| Total liabilities | CN¥197.24m |
| Total assets | CN¥1.30b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 001324's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥195.6M).
Long Term Liabilities: 001324's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥1.7M).
Debt to Equity History and Analysis
Debt Level: 001324 is debt free.
Reducing Debt: 001324 has no debt compared to 5 years ago when its debt to equity ratio was 20%.
Debt Coverage: 001324 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 001324 has no debt, therefore coverage of interest payments is not a concern.