Zhejiang Dun'an Artificial Environment Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Dun'an Artificial Environment has a total shareholder equity of CN¥5.1B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 34.5%. Its total assets and total liabilities are CN¥11.6B and CN¥6.5B respectively. Zhejiang Dun'an Artificial Environment's EBIT is CN¥979.7M making its interest coverage ratio 185.5. It has cash and short-term investments of CN¥2.7B.
Key information
34.5%
Debt to equity ratio
CN¥1.77b
Debt
| Interest coverage ratio | 185.5x |
| Cash | CN¥2.70b |
| Equity | CN¥5.13b |
| Total liabilities | CN¥6.52b |
| Total assets | CN¥11.65b |
Recent financial health updates
Recent updates
Zhejiang Dun'an Artificial Environment (SZSE:002011) Shareholders Will Want The ROCE Trajectory To Continue
Aug 20
Does Zhejiang Dun'an Artificial Environment (SZSE:002011) Have A Healthy Balance Sheet?
Jun 06Investors Will Want Zhejiang Dun'an Artificial Environment's (SZSE:002011) Growth In ROCE To Persist
May 13There's No Escaping Zhejiang Dun'an Artificial Environment Co., Ltd's (SZSE:002011) Muted Earnings Despite A 29% Share Price Rise
Mar 07Financial Position Analysis
Short Term Liabilities: 002011's short term assets (CN¥9.3B) exceed its short term liabilities (CN¥5.8B).
Long Term Liabilities: 002011's short term assets (CN¥9.3B) exceed its long term liabilities (CN¥766.0M).
Debt to Equity History and Analysis
Debt Level: 002011 has more cash than its total debt.
Reducing Debt: 002011's debt to equity ratio has reduced from 132.2% to 34.5% over the past 5 years.
Debt Coverage: 002011's debt is well covered by operating cash flow (94.5%).
Interest Coverage: 002011's interest payments on its debt are well covered by EBIT (185.5x coverage).