Zhejiang Taifu Pump Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Taifu Pump has a total shareholder equity of CN¥790.6M and total debt of CN¥424.6M, which brings its debt-to-equity ratio to 53.7%. Its total assets and total liabilities are CN¥1.6B and CN¥831.9M respectively. Zhejiang Taifu Pump's EBIT is CN¥41.3M making its interest coverage ratio 4.2. It has cash and short-term investments of CN¥349.0M.
Key information
53.7%
Debt to equity ratio
CN¥424.58m
Debt
| Interest coverage ratio | 4.2x |
| Cash | CN¥348.97m |
| Equity | CN¥790.63m |
| Total liabilities | CN¥831.92m |
| Total assets | CN¥1.62b |
Recent financial health updates
No updates
Recent updates
Zhejiang Taifu Pump Co., Ltd's (SZSE:300992) 27% Share Price Surge Not Quite Adding Up
Nov 05
There Are Reasons To Feel Uneasy About Zhejiang Taifu Pump's (SZSE:300992) Returns On Capital
Oct 07Impressive Earnings May Not Tell The Whole Story For Zhejiang Taifu Pump (SZSE:300992)
Sep 10Pinning Down Zhejiang Taifu Pump Co., Ltd's (SZSE:300992) P/E Is Difficult Right Now
Aug 01Zhejiang Taifu Pump (SZSE:300992) Will Be Hoping To Turn Its Returns On Capital Around
Feb 27Financial Position Analysis
Short Term Liabilities: 300992's short term assets (CN¥950.2M) exceed its short term liabilities (CN¥488.2M).
Long Term Liabilities: 300992's short term assets (CN¥950.2M) exceed its long term liabilities (CN¥343.7M).
Debt to Equity History and Analysis
Debt Level: 300992's net debt to equity ratio (9.6%) is considered satisfactory.
Reducing Debt: 300992's debt to equity ratio has increased from 0% to 53.7% over the past 5 years.
Debt Coverage: 300992's debt is not well covered by operating cash flow (3.6%).
Interest Coverage: 300992's interest payments on its debt are well covered by EBIT (4.2x coverage).