Zhejiang Power New Energy Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Power New Energy has a total shareholder equity of CN¥2.5B and total debt of CN¥86.6M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are CN¥3.4B and CN¥932.5M respectively.
Key information
3.4%
Debt to equity ratio
CN¥86.59m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥216.00m |
| Equity | CN¥2.51b |
| Total liabilities | CN¥932.52m |
| Total assets | CN¥3.45b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688184's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥881.2M).
Long Term Liabilities: 688184's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥51.3M).
Debt to Equity History and Analysis
Debt Level: 688184 has more cash than its total debt.
Reducing Debt: 688184's debt to equity ratio has reduced from 4.7% to 3.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 688184 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 688184 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.