Hangzhou Greenda Electronic Materials Balance Sheet Health
Financial Health criteria checks 6/6
Hangzhou Greenda Electronic Materials has a total shareholder equity of CN¥1.5B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.7B and CN¥178.6M respectively. Hangzhou Greenda Electronic Materials's EBIT is CN¥188.1M making its interest coverage ratio -65.3. It has cash and short-term investments of CN¥813.0M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -65.3x |
Cash | CN¥812.99m |
Equity | CN¥1.51b |
Total liabilities | CN¥178.64m |
Total assets | CN¥1.69b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603931's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥160.8M).
Long Term Liabilities: 603931's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥17.8M).
Debt to Equity History and Analysis
Debt Level: 603931 is debt free.
Reducing Debt: 603931 has no debt compared to 5 years ago when its debt to equity ratio was 11.4%.
Debt Coverage: 603931 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603931 has no debt, therefore coverage of interest payments is not a concern.