Zhejiang Dongri Limited Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Dongri Limited has a total shareholder equity of CN¥2.5B and total debt of CN¥274.8M, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are CN¥3.6B and CN¥1.1B respectively. Zhejiang Dongri Limited's EBIT is CN¥187.5M making its interest coverage ratio -5. It has cash and short-term investments of CN¥759.9M.
Key information
10.9%
Debt to equity ratio
CN¥274.76m
Debt
| Interest coverage ratio | -5x |
| Cash | CN¥759.88m |
| Equity | CN¥2.52b |
| Total liabilities | CN¥1.05b |
| Total assets | CN¥3.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600113's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥760.2M).
Long Term Liabilities: 600113's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥290.0M).
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 increased from 9.3% to 10.9% over the past 5 years.
Debt Coverage: 600113's debt is well covered by operating cash flow (43.9%).
Interest Coverage: 600113 earns more interest than it pays, so coverage of interest payments is not a concern.