Zhejiang Cfmoto PowerLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Cfmoto PowerLtd has a total shareholder equity of CN¥6.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥13.5B and CN¥7.5B respectively. Zhejiang Cfmoto PowerLtd's EBIT is CN¥1.3B making its interest coverage ratio -8.2. It has cash and short-term investments of CN¥6.4B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -8.2x |
| Cash | CN¥6.44b |
| Equity | CN¥5.97b |
| Total liabilities | CN¥7.55b |
| Total assets | CN¥13.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603129's short term assets (CN¥10.8B) exceed its short term liabilities (CN¥7.2B).
Long Term Liabilities: 603129's short term assets (CN¥10.8B) exceed its long term liabilities (CN¥308.4M).
Debt to Equity History and Analysis
Debt Level: 603129 is debt free.
Reducing Debt: 603129 has no debt compared to 5 years ago when its debt to equity ratio was 0.09%.
Debt Coverage: 603129 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603129 has no debt, therefore coverage of interest payments is not a concern.