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¥4.6B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 36.3%. Its total assets and total liabilities are CN¥10.8B and CN¥6.2B respectively. Zhejiang Dun'an Artificial Environment's EBIT is CN¥996.3M making its interest coverage ratio 94.6. It has cash and short-term investments of CN¥2.7B.
Key information
36.3%
Debt to equity ratio
CN¥1.66b
Debt
Interest coverage ratio | 94.6x |
Cash | CN¥2.72b |
Equity | CN¥4.58b |
Total liabilities | CN¥6.19b |
Total assets | CN¥10.77b |
Recent financial health updates
Recent updates
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¥8.6B) exceed its short term liabilities (CN¥5.3B).
Long Term Liabilities: 002011's short term assets (CN¥8.6B) exceed its long term liabilities (CN¥878.7M).
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 179.5% to 36.3% over the past 5 years.
Debt Coverage: 002011's debt is well covered by operating cash flow (63.2%).
Interest Coverage: 002011's interest payments on its debt are well covered by EBIT (94.6x coverage).