Zhejiang Entive Smart Kitchen Appliance Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Entive Smart Kitchen Appliance has a total shareholder equity of CN¥1.4B and total debt of CN¥449.6M, which brings its debt-to-equity ratio to 32%. Its total assets and total liabilities are CN¥2.1B and CN¥737.5M respectively. Zhejiang Entive Smart Kitchen Appliance's EBIT is CN¥30.3M making its interest coverage ratio -1.3. It has cash and short-term investments of CN¥1.3B.
Key information
32.0%
Debt to equity ratio
CN¥449.57m
Debt
| Interest coverage ratio | -1.3x |
| Cash | CN¥1.25b |
| Equity | CN¥1.40b |
| Total liabilities | CN¥737.46m |
| Total assets | CN¥2.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300911's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥244.8M).
Long Term Liabilities: 300911's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥492.6M).
Debt to Equity History and Analysis
Debt Level: 300911 has more cash than its total debt.
Reducing Debt: 300911's debt to equity ratio has increased from 1.1% to 32% over the past 5 years.
Debt Coverage: 300911's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: 300911 earns more interest than it pays, so coverage of interest payments is not a concern.