Zhejiang Tianzhen Technology Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Tianzhen Technology has a total shareholder equity of CN¥2.9B and total debt of CN¥50.0K, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.2B and CN¥213.1M respectively.
Key information
0.002%
Debt to equity ratio
CN¥50.01k
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.67b |
| Equity | CN¥2.94b |
| Total liabilities | CN¥213.05m |
| Total assets | CN¥3.15b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301356's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥195.5M).
Long Term Liabilities: 301356's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥17.5M).
Debt to Equity History and Analysis
Debt Level: 301356 has more cash than its total debt.
Reducing Debt: 301356's debt to equity ratio has reduced from 31.5% to 0% over the past 5 years.
Debt Coverage: 301356's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 301356's interest payments on its debt are well covered by EBIT.