Zhejiang Meida Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Meida Industrial has a total shareholder equity of CN¥1.6B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.8B and CN¥181.6M respectively. Zhejiang Meida Industrial's EBIT is CN¥175.8M making its interest coverage ratio -6.1. It has cash and short-term investments of CN¥829.8M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -6.1x |
| Cash | CN¥829.78m |
| Equity | CN¥1.65b |
| Total liabilities | CN¥181.56m |
| Total assets | CN¥1.83b |
Recent financial health updates
No updates
Recent updates
Why Zhejiang Meida Industrial's (SZSE:002677) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 04
There's No Escaping Zhejiang Meida Industrial Co., Ltd.'s (SZSE:002677) Muted Earnings
Oct 14Zhejiang Meida Industrial Co., Ltd. (SZSE:002677) Shares Could Be 48% Below Their Intrinsic Value Estimate
Sep 26The Consensus EPS Estimates For Zhejiang Meida Industrial Co., Ltd. (SZSE:002677) Just Fell Dramatically
Sep 08Here's What's Concerning About Zhejiang Meida Industrial's (SZSE:002677) Returns On Capital
Jul 16Zhejiang Meida Industrial's (SZSE:002677) Dividend Will Be Increased To CN¥0.75
May 23Zhejiang Meida Industrial's (SZSE:002677) Profits Appear To Have Quality Issues
Apr 25Zhejiang Meida Industrial Co., Ltd. (SZSE:002677) Analysts Are More Bearish Than They Used To Be
Apr 23Capital Investment Trends At Zhejiang Meida Industrial (SZSE:002677) Look Strong
Apr 04Financial Position Analysis
Short Term Liabilities: 002677's short term assets (CN¥931.2M) exceed its short term liabilities (CN¥161.5M).
Long Term Liabilities: 002677's short term assets (CN¥931.2M) exceed its long term liabilities (CN¥20.1M).
Debt to Equity History and Analysis
Debt Level: 002677 is debt free.
Reducing Debt: 002677 has not had any debt for past 5 years.
Debt Coverage: 002677 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002677 has no debt, therefore coverage of interest payments is not a concern.