Shandong Tongda Island New MaterialsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shandong Tongda Island New MaterialsLtd has a total shareholder equity of CN¥618.1M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥668.5M and CN¥50.4M respectively.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥237.96m |
| Equity | CN¥618.15m |
| Total liabilities | CN¥50.37m |
| Total assets | CN¥668.51m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300321's short term assets (CN¥437.2M) exceed its short term liabilities (CN¥47.0M).
Long Term Liabilities: 300321's short term assets (CN¥437.2M) exceed its long term liabilities (CN¥3.4M).
Debt to Equity History and Analysis
Debt Level: 300321 is debt free.
Reducing Debt: 300321 had no debt 5 years ago.
Debt Coverage: 300321 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 300321 has no debt, therefore coverage of interest payments is not a concern.