Zhejiang Zhaolong Interconnect TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Zhaolong Interconnect TechnologyLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥6.5M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥1.3B and CN¥172.4M respectively. Zhejiang Zhaolong Interconnect TechnologyLtd's EBIT is CN¥90.1M making its interest coverage ratio 574.6. It has cash and short-term investments of CN¥228.4M.
Key information
0.6%
Debt to equity ratio
CN¥6.53m
Debt
| Interest coverage ratio | 574.6x |
| Cash | CN¥228.37m |
| Equity | CN¥1.09b |
| Total liabilities | CN¥172.44m |
| Total assets | CN¥1.27b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300913's short term assets (CN¥802.7M) exceed its short term liabilities (CN¥155.6M).
Long Term Liabilities: 300913's short term assets (CN¥802.7M) exceed its long term liabilities (CN¥16.8M).
Debt to Equity History and Analysis
Debt Level: 300913 has more cash than its total debt.
Reducing Debt: 300913's debt to equity ratio has reduced from 49.5% to 0.6% over the past 5 years.
Debt Coverage: 300913's debt is well covered by operating cash flow (1596%).
Interest Coverage: 300913's interest payments on its debt are well covered by EBIT (574.6x coverage).