Zhejiang Linuo Flow Control TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Linuo Flow Control TechnologyLtd has a total shareholder equity of CN¥990.4M and total debt of CN¥129.1M, which brings its debt-to-equity ratio to 13%. Its total assets and total liabilities are CN¥1.6B and CN¥637.7M respectively. Zhejiang Linuo Flow Control TechnologyLtd's EBIT is CN¥48.1M making its interest coverage ratio -32.5. It has cash and short-term investments of CN¥69.9M.
Key information
13.0%
Debt to equity ratio
CN¥129.07m
Debt
| Interest coverage ratio | -32.5x |
| Cash | CN¥69.87m |
| Equity | CN¥990.44m |
| Total liabilities | CN¥637.75m |
| Total assets | CN¥1.63b |
Recent financial health updates
No updates
Recent updates
Zhejiang Linuo Flow Control Technology Co.,Ltd's (SZSE:300838) Low P/E No Reason For Excitement
Sep 30
It's A Story Of Risk Vs Reward With Zhejiang Linuo Flow Control Technology Co.,Ltd (SZSE:300838)
Jun 07The Market Lifts Zhejiang Linuo Flow Control Technology Co.,Ltd (SZSE:300838) Shares 33% But It Can Do More
Mar 08Zhejiang Linuo Flow Control TechnologyLtd (SZSE:300838) Could Be Struggling To Allocate Capital
Feb 26Financial Position Analysis
Short Term Liabilities: 300838's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥615.7M).
Long Term Liabilities: 300838's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥22.1M).
Debt to Equity History and Analysis
Debt Level: 300838's net debt to equity ratio (6%) is considered satisfactory.
Reducing Debt: 300838's debt to equity ratio has reduced from 15.9% to 13% over the past 5 years.
Debt Coverage: 300838's debt is well covered by operating cash flow (74.8%).
Interest Coverage: 300838 earns more interest than it pays, so coverage of interest payments is not a concern.