Zhejiang Red Dragonfly Footwear Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Red Dragonfly Footwear has a total shareholder equity of CN¥3.0B and total debt of CN¥18.8M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥3.9B and CN¥882.0M respectively.
Key information
0.6%
Debt to equity ratio
CN¥18.80m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.28b |
| Equity | CN¥3.04b |
| Total liabilities | CN¥881.97m |
| Total assets | CN¥3.92b |
Recent financial health updates
No updates
Recent updates
What Zhejiang Red Dragonfly Footwear Co., Ltd.'s (SHSE:603116) 30% Share Price Gain Is Not Telling You
Nov 11
Risks To Shareholder Returns Are Elevated At These Prices For Zhejiang Red Dragonfly Footwear Co., Ltd. (SHSE:603116)
Jun 07Zhejiang Red Dragonfly Footwear (SHSE:603116) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 23Financial Position Analysis
Short Term Liabilities: 603116's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥831.8M).
Long Term Liabilities: 603116's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥50.2M).
Debt to Equity History and Analysis
Debt Level: 603116 has more cash than its total debt.
Reducing Debt: 603116's debt to equity ratio has increased from 0% to 0.6% over the past 5 years.
Debt Coverage: 603116's debt is well covered by operating cash flow (697.9%).
Interest Coverage: Insufficient data to determine if 603116's interest payments on its debt are well covered by EBIT.