Zhejiang Realsun ChemicalLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Realsun ChemicalLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥2.0M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CN¥1.7B and CN¥275.2M respectively. Zhejiang Realsun ChemicalLtd's EBIT is CN¥31.2M making its interest coverage ratio -48.3. It has cash and short-term investments of CN¥636.2M.
Key information
0.1%
Debt to equity ratio
CN¥2.02m
Debt
Interest coverage ratio | -48.3x |
Cash | CN¥636.16m |
Equity | CN¥1.39b |
Total liabilities | CN¥275.24m |
Total assets | CN¥1.66b |
Recent financial health updates
No updates
Recent updates
Revenues Not Telling The Story For Zhejiang Realsun Chemical Co.,Ltd. (SZSE:301212) After Shares Rise 27%
May 08There May Be Reason For Hope In Zhejiang Realsun ChemicalLtd's (SZSE:301212) Disappointing Earnings
May 02Investors Don't See Light At End Of Zhejiang Realsun Chemical Co.,Ltd.'s (SZSE:301212) Tunnel
Feb 27Financial Position Analysis
Short Term Liabilities: 301212's short term assets (CN¥921.6M) exceed its short term liabilities (CN¥253.9M).
Long Term Liabilities: 301212's short term assets (CN¥921.6M) exceed its long term liabilities (CN¥21.3M).
Debt to Equity History and Analysis
Debt Level: 301212 has more cash than its total debt.
Reducing Debt: 301212's debt to equity ratio has reduced from 7.4% to 0.1% over the past 5 years.
Debt Coverage: 301212's debt is well covered by operating cash flow (8141.2%).
Interest Coverage: 301212 earns more interest than it pays, so coverage of interest payments is not a concern.