ZHEJIANG NARADA POWER SOURCE Balance Sheet Health
Financial Health criteria checks 2/6
ZHEJIANG NARADA POWER SOURCE has a total shareholder equity of CN¥5.4B and total debt of CN¥9.8B, which brings its debt-to-equity ratio to 183%. Its total assets and total liabilities are CN¥20.8B and CN¥15.4B respectively. ZHEJIANG NARADA POWER SOURCE's EBIT is CN¥34.6M making its interest coverage ratio 0.2. It has cash and short-term investments of CN¥3.0B.
Key information
183.0%
Debt to equity ratio
CN¥9.85b
Debt
| Interest coverage ratio | 0.2x |
| Cash | CN¥2.97b |
| Equity | CN¥5.38b |
| Total liabilities | CN¥15.38b |
| Total assets | CN¥20.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300068's short term assets (CN¥13.1B) exceed its short term liabilities (CN¥11.7B).
Long Term Liabilities: 300068's short term assets (CN¥13.1B) exceed its long term liabilities (CN¥3.6B).
Debt to Equity History and Analysis
Debt Level: 300068's net debt to equity ratio (127.9%) is considered high.
Reducing Debt: 300068's debt to equity ratio has increased from 77.1% to 183% over the past 5 years.
Debt Coverage: 300068's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: 300068's interest payments on its debt are not well covered by EBIT (0.2x coverage).