ZheJiang AoKang ShoesLtd Balance Sheet Health
Financial Health criteria checks 4/6
ZheJiang AoKang ShoesLtd has a total shareholder equity of CN¥2.9B and total debt of CN¥135.8M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are CN¥4.1B and CN¥1.1B respectively.
Key information
4.6%
Debt to equity ratio
CN¥135.79m
Debt
Interest coverage ratio | n/a |
Cash | CN¥649.08m |
Equity | CN¥2.94b |
Total liabilities | CN¥1.14b |
Total assets | CN¥4.08b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603001's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 603001's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥96.7M).
Debt to Equity History and Analysis
Debt Level: 603001 has more cash than its total debt.
Reducing Debt: 603001's debt to equity ratio has increased from 0% to 4.6% over the past 5 years.
Debt Coverage: 603001's debt is well covered by operating cash flow (410.5%).
Interest Coverage: Insufficient data to determine if 603001's interest payments on its debt are well covered by EBIT.