Zhejiang Zone-King Environmental Sci&Tech Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Zone-King Environmental Sci&Tech has a total shareholder equity of CN¥281.1M and total debt of CN¥199.5M, which brings its debt-to-equity ratio to 71%. Its total assets and total liabilities are CN¥706.0M and CN¥424.9M respectively.
Key information
71.0%
Debt to equity ratio
CN¥199.50m
Debt
Interest coverage ratio | n/a |
Cash | CN¥100.50m |
Equity | CN¥281.09m |
Total liabilities | CN¥424.90m |
Total assets | CN¥705.99m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688701's short term assets (CN¥657.4M) exceed its short term liabilities (CN¥414.7M).
Long Term Liabilities: 688701's short term assets (CN¥657.4M) exceed its long term liabilities (CN¥10.1M).
Debt to Equity History and Analysis
Debt Level: 688701's net debt to equity ratio (35.2%) is considered satisfactory.
Reducing Debt: 688701's debt to equity ratio has increased from 11.5% to 71% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 688701 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 688701 has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 23.5% each year.