Zhejiang Fenglong Electric Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Fenglong Electric has a total shareholder equity of CN¥766.0M and total debt of CN¥216.2M, which brings its debt-to-equity ratio to 28.2%. Its total assets and total liabilities are CN¥1.1B and CN¥335.9M respectively.
Key information
28.2%
Debt to equity ratio
CN¥216.21m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥262.56m |
| Equity | CN¥766.01m |
| Total liabilities | CN¥335.93m |
| Total assets | CN¥1.10b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002931's short term assets (CN¥556.9M) exceed its short term liabilities (CN¥177.5M).
Long Term Liabilities: 002931's short term assets (CN¥556.9M) exceed its long term liabilities (CN¥158.4M).
Debt to Equity History and Analysis
Debt Level: 002931 has more cash than its total debt.
Reducing Debt: 002931's debt to equity ratio has increased from 8.9% to 28.2% over the past 5 years.
Debt Coverage: 002931's debt is well covered by operating cash flow (25%).
Interest Coverage: Insufficient data to determine if 002931's interest payments on its debt are well covered by EBIT.