Zhejiang Dongri Limited Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Dongri Limited has a total shareholder equity of CN¥2.5B and total debt of CN¥294.7M, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are CN¥3.7B and CN¥1.3B respectively. Zhejiang Dongri Limited's EBIT is CN¥193.7M making its interest coverage ratio -5.2. It has cash and short-term investments of CN¥936.0M.
Key information
11.9%
Debt to equity ratio
CN¥294.67m
Debt
Interest coverage ratio | -5.2x |
Cash | CN¥935.97m |
Equity | CN¥2.48b |
Total liabilities | CN¥1.25b |
Total assets | CN¥3.74b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600113's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥930.2M).
Long Term Liabilities: 600113's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥321.9M).
Debt to Equity History and Analysis
Debt Level: 600113 has more cash than its total debt.
Reducing Debt: 600113's debt to equity ratio has reduced from 22.6% to 11.9% over the past 5 years.
Debt Coverage: 600113's debt is well covered by operating cash flow (59.6%).
Interest Coverage: 600113 earns more interest than it pays, so coverage of interest payments is not a concern.