Zhejiang Fengmao Technology Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Fengmao Technology has a total shareholder equity of CN¥1.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.7B and CN¥512.6M respectively. Zhejiang Fengmao Technology's EBIT is CN¥128.1M making its interest coverage ratio -9.3. It has cash and short-term investments of CN¥674.2M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -9.3x |
| Cash | CN¥674.19m |
| Equity | CN¥1.15b |
| Total liabilities | CN¥512.59m |
| Total assets | CN¥1.66b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301459's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥481.0M).
Long Term Liabilities: 301459's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥31.5M).
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 143.5%.
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.