Zhejiang XinNong ChemicalLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang XinNong ChemicalLtd has a total shareholder equity of CN¥1.2B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.5B and CN¥338.0M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥449.38m |
| Equity | CN¥1.16b |
| Total liabilities | CN¥338.01m |
| Total assets | CN¥1.50b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002942's short term assets (CN¥732.7M) exceed its short term liabilities (CN¥314.4M).
Long Term Liabilities: 002942's short term assets (CN¥732.7M) exceed its long term liabilities (CN¥23.6M).
Debt to Equity History and Analysis
Debt Level: 002942 is debt free.
Reducing Debt: 002942 has no debt compared to 5 years ago when its debt to equity ratio was 9.4%.
Debt Coverage: 002942 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002942 has no debt, therefore coverage of interest payments is not a concern.