Zhejiang Yonggui Electric Equipment Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Yonggui Electric Equipment has a total shareholder equity of CN¥2.4B and total debt of CN¥80.8K, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.3B and CN¥856.1M respectively. Zhejiang Yonggui Electric Equipment's EBIT is CN¥88.7M making its interest coverage ratio -2.8. It has cash and short-term investments of CN¥494.0M.
Key information
0.003%
Debt to equity ratio
CN¥80.80k
Debt
| Interest coverage ratio | -2.8x |
| Cash | CN¥493.99m |
| Equity | CN¥2.44b |
| Total liabilities | CN¥856.11m |
| Total assets | CN¥3.30b |
Recent financial health updates
No updates
Recent updates
Zhejiang Yonggui Electric Equipment (SZSE:300351) Is Experiencing Growth In Returns On Capital
Sep 28
Zhejiang Yonggui Electric Equipment Co., Ltd.'s (SZSE:300351) P/E Is On The Mark
Aug 09Zhejiang Yonggui Electric Equipment's (SZSE:300351) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 15Zhejiang Yonggui Electric Equipment (SZSE:300351) May Have Issues Allocating Its Capital
Mar 26Zhejiang Yonggui Electric Equipment Co., Ltd.'s (SZSE:300351) 30% Jump Shows Its Popularity With Investors
Mar 01Financial Position Analysis
Short Term Liabilities: 300351's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥815.5M).
Long Term Liabilities: 300351's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥40.6M).
Debt to Equity History and Analysis
Debt Level: 300351 has more cash than its total debt.
Reducing Debt: 300351's debt to equity ratio has increased from 0% to 0% over the past 5 years.
Debt Coverage: 300351's debt is well covered by operating cash flow (236176%).
Interest Coverage: 300351 earns more interest than it pays, so coverage of interest payments is not a concern.