Zhejiang Linuo Flow Control TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Linuo Flow Control TechnologyLtd has a total shareholder equity of CN¥1.0B and total debt of CN¥77.1M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are CN¥1.5B and CN¥445.6M respectively. Zhejiang Linuo Flow Control TechnologyLtd's EBIT is CN¥93.1M making its interest coverage ratio 205.6. It has cash and short-term investments of CN¥67.7M.
Key information
7.6%
Debt to equity ratio
CN¥77.05m
Debt
| Interest coverage ratio | 205.6x |
| Cash | CN¥67.68m |
| Equity | CN¥1.02b |
| Total liabilities | CN¥445.57m |
| Total assets | CN¥1.46b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300838's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥416.8M).
Long Term Liabilities: 300838's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥28.8M).
Debt to Equity History and Analysis
Debt Level: 300838's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: 300838's debt to equity ratio has reduced from 16.3% to 7.6% over the past 5 years.
Debt Coverage: 300838's debt is not well covered by operating cash flow (18%).
Interest Coverage: 300838's interest payments on its debt are well covered by EBIT (205.6x coverage).