Zhejiang Guyuelongshan Shaoxing WineLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Guyuelongshan Shaoxing WineLtd has a total shareholder equity of CN¥5.9B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥6.5B and CN¥593.9M respectively. Zhejiang Guyuelongshan Shaoxing WineLtd's EBIT is CN¥216.6M making its interest coverage ratio -3.3. It has cash and short-term investments of CN¥1.9B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -3.3x |
| Cash | CN¥1.88b |
| Equity | CN¥5.86b |
| Total liabilities | CN¥593.91m |
| Total assets | CN¥6.46b |
Recent financial health updates
No updates
Recent updates
Investors Shouldn't Be Too Comfortable With Zhejiang Guyuelongshan Shaoxing WineLtd's (SHSE:600059) Earnings
Nov 01
Zhejiang Guyuelongshan Shaoxing WineLtd (SHSE:600059) Might Be Having Difficulty Using Its Capital Effectively
Sep 25Insufficient Growth At Zhejiang Guyuelongshan Shaoxing Wine Co.,Ltd (SHSE:600059) Hampers Share Price
Jun 27Zhejiang Guyuelongshan Shaoxing WineLtd (SHSE:600059) Is Increasing Its Dividend To CN¥0.14
May 29Zhejiang Guyuelongshan Shaoxing WineLtd's (SHSE:600059) Earnings Are Of Questionable Quality
Apr 04Getting In Cheap On Zhejiang Guyuelongshan Shaoxing Wine Co.,Ltd (SHSE:600059) Might Be Difficult
Mar 15Financial Position Analysis
Short Term Liabilities: 600059's short term assets (CN¥4.0B) exceed its short term liabilities (CN¥580.5M).
Long Term Liabilities: 600059's short term assets (CN¥4.0B) exceed its long term liabilities (CN¥13.4M).
Debt to Equity History and Analysis
Debt Level: 600059 is debt free.
Reducing Debt: 600059 has no debt compared to 5 years ago when its debt to equity ratio was 0.03%.
Debt Coverage: 600059 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600059 has no debt, therefore coverage of interest payments is not a concern.