Zhejiang Fengmao Technology Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Fengmao Technology has a total shareholder equity of CN¥1.1B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.5B and CN¥431.6M respectively. Zhejiang Fengmao Technology's EBIT is CN¥135.0M making its interest coverage ratio -17.9. It has cash and short-term investments of CN¥702.8M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -17.9x |
Cash | CN¥702.82m |
Equity | CN¥1.10b |
Total liabilities | CN¥431.64m |
Total assets | CN¥1.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301459's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥409.5M).
Long Term Liabilities: 301459's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥22.1M).
Debt to Equity History and Analysis
Debt Level: 301459 is debt free.
Reducing Debt: 301459 has no debt compared to 5 years ago when its debt to equity ratio was 248.7%.
Debt Coverage: 301459 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301459 has no debt, therefore coverage of interest payments is not a concern.