Zhejiang Yayi Metal TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Yayi Metal TechnologyLtd has a total shareholder equity of CN¥727.8M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥770.2M and CN¥42.3M respectively. Zhejiang Yayi Metal TechnologyLtd's EBIT is CN¥18.0M making its interest coverage ratio -1.5. It has cash and short-term investments of CN¥304.4M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -1.5x |
Cash | CN¥304.37m |
Equity | CN¥727.85m |
Total liabilities | CN¥42.34m |
Total assets | CN¥770.19m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301113's short term assets (CN¥386.2M) exceed its short term liabilities (CN¥40.4M).
Long Term Liabilities: 301113's short term assets (CN¥386.2M) exceed its long term liabilities (CN¥2.0M).
Debt to Equity History and Analysis
Debt Level: 301113 is debt free.
Reducing Debt: 301113 had no debt 5 years ago.
Debt Coverage: 301113 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301113 has no debt, therefore coverage of interest payments is not a concern.