Zhejiang Huangma TechnologyLtd Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Huangma TechnologyLtd has a total shareholder equity of CN¥3.0B and total debt of CN¥396.6M, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are CN¥3.7B and CN¥704.6M respectively. Zhejiang Huangma TechnologyLtd's EBIT is CN¥401.3M making its interest coverage ratio -64.3. It has cash and short-term investments of CN¥642.3M.
Key information
13.2%
Debt to equity ratio
CN¥396.63m
Debt
| Interest coverage ratio | -64.3x |
| Cash | CN¥642.35m |
| Equity | CN¥3.00b |
| Total liabilities | CN¥704.62m |
| Total assets | CN¥3.70b |
Recent financial health updates
Recent updates
Is Now The Time To Look At Buying Zhejiang Huangma Technology Co.,Ltd (SHSE:603181)?
Sep 26
Zhejiang Huangma TechnologyLtd (SHSE:603181) Could Easily Take On More Debt
Sep 10We Think That There Are More Issues For Zhejiang Huangma TechnologyLtd (SHSE:603181) Than Just Sluggish Earnings
Apr 24Need To Know: Analysts Just Made A Substantial Cut To Their Zhejiang Huangma Technology Co.,Ltd (SHSE:603181) Estimates
Apr 23Why Investors Shouldn't Be Surprised By Zhejiang Huangma Technology Co.,Ltd's (SHSE:603181) Low P/E
Apr 04Financial Position Analysis
Short Term Liabilities: 603181's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥432.6M).
Long Term Liabilities: 603181's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥272.0M).
Debt to Equity History and Analysis
Debt Level: 603181 has more cash than its total debt.
Reducing Debt: 603181's debt to equity ratio has increased from 0% to 13.2% over the past 5 years.
Debt Coverage: 603181's debt is well covered by operating cash flow (37.2%).
Interest Coverage: 603181 earns more interest than it pays, so coverage of interest payments is not a concern.