Hangzhou Zhongya Machinery Balance Sheet Health
Financial Health criteria checks 3/6
Hangzhou Zhongya Machinery has a total shareholder equity of CN¥1.6B and total debt of CN¥297.4M, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are CN¥2.6B and CN¥1.0B respectively.
Key information
18.4%
Debt to equity ratio
CN¥297.40m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥321.09m |
| Equity | CN¥1.61b |
| Total liabilities | CN¥1.00b |
| Total assets | CN¥2.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300512's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥932.3M).
Long Term Liabilities: 300512's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥68.9M).
Debt to Equity History and Analysis
Debt Level: 300512 has more cash than its total debt.
Reducing Debt: 300512's debt to equity ratio has increased from 0% to 18.4% over the past 5 years.
Debt Coverage: 300512's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: Insufficient data to determine if 300512's interest payments on its debt are well covered by EBIT.