Zhejiang Natural Outdoor Goods Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Natural Outdoor Goods has a total shareholder equity of CN¥2.0B and total debt of CN¥91.4M, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are CN¥2.4B and CN¥376.7M respectively. Zhejiang Natural Outdoor Goods's EBIT is CN¥176.4M making its interest coverage ratio -5.5. It has cash and short-term investments of CN¥1.1B.
Key information
4.5%
Debt to equity ratio
CN¥91.40m
Debt
| Interest coverage ratio | -5.5x |
| Cash | CN¥1.06b |
| Equity | CN¥2.02b |
| Total liabilities | CN¥376.71m |
| Total assets | CN¥2.40b |
Recent financial health updates
No updates
Recent updates
Is Zhejiang Natural Outdoor Goods Inc. (SHSE:605080) Trading At A 29% Discount?
Oct 29
Be Wary Of Zhejiang Natural Outdoor Goods (SHSE:605080) And Its Returns On Capital
Sep 29Some May Be Optimistic About Zhejiang Natural Outdoor Goods' (SHSE:605080) Earnings
May 06Are Investors Undervaluing Zhejiang Natural Outdoor Goods Inc. (SHSE:605080) By 38%?
Mar 12Financial Position Analysis
Short Term Liabilities: 605080's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥359.1M).
Long Term Liabilities: 605080's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥17.6M).
Debt to Equity History and Analysis
Debt Level: 605080 has more cash than its total debt.
Reducing Debt: 605080's debt to equity ratio has reduced from 11% to 4.5% over the past 5 years.
Debt Coverage: 605080's debt is well covered by operating cash flow (245.6%).
Interest Coverage: 605080 earns more interest than it pays, so coverage of interest payments is not a concern.