Shanghai Taihe Water Technology DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shanghai Taihe Water Technology DevelopmentLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.6B and CN¥317.3M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | n/a |
Cash | CN¥357.20m |
Equity | CN¥1.32b |
Total liabilities | CN¥317.25m |
Total assets | CN¥1.63b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 605081's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥226.9M).
Long Term Liabilities: 605081's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥90.4M).
Debt to Equity History and Analysis
Debt Level: 605081 is debt free.
Reducing Debt: 605081 has no debt compared to 5 years ago when its debt to equity ratio was 0.09%.
Debt Coverage: 605081 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 605081 has no debt, therefore coverage of interest payments is not a concern.