Zhejiang Jiaao Enprotech Stock Balance Sheet Health
Financial Health criteria checks 2/6
Zhejiang Jiaao Enprotech Stock has a total shareholder equity of CN¥1.6B and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 136%. Its total assets and total liabilities are CN¥4.3B and CN¥2.7B respectively.
Key information
136.0%
Debt to equity ratio
CN¥2.23b
Debt
Interest coverage ratio | n/a |
Cash | CN¥622.20m |
Equity | CN¥1.64b |
Total liabilities | CN¥2.66b |
Total assets | CN¥4.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603822's short term assets (CN¥1.4B) do not cover its short term liabilities (CN¥2.3B).
Long Term Liabilities: 603822's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥328.6M).
Debt to Equity History and Analysis
Debt Level: 603822's net debt to equity ratio (98.1%) is considered high.
Reducing Debt: 603822's debt to equity ratio has increased from 63.2% to 136% over the past 5 years.
Debt Coverage: 603822's debt is well covered by operating cash flow (24.9%).
Interest Coverage: Insufficient data to determine if 603822's interest payments on its debt are well covered by EBIT.