Zhejiang Tony Electronic Balance Sheet Health
Financial Health criteria checks 1/6
Zhejiang Tony Electronic has a total shareholder equity of CN¥1.8B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 106.7%. Its total assets and total liabilities are CN¥5.1B and CN¥3.3B respectively.
Key information
106.7%
Debt to equity ratio
CN¥1.91b
Debt
Interest coverage ratio | n/a |
Cash | CN¥95.58m |
Equity | CN¥1.79b |
Total liabilities | CN¥3.33b |
Total assets | CN¥5.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603595's short term assets (CN¥1.6B) do not cover its short term liabilities (CN¥2.5B).
Long Term Liabilities: 603595's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥878.5M).
Debt to Equity History and Analysis
Debt Level: 603595's net debt to equity ratio (101.4%) is considered high.
Reducing Debt: 603595's debt to equity ratio has increased from 63.4% to 106.7% over the past 5 years.
Debt Coverage: 603595's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 603595's interest payments on its debt are well covered by EBIT.