Zhejiang Runtu Balance Sheet Health
Financial Health criteria checks 3/6
Zhejiang Runtu has a total shareholder equity of CN¥9.7B and total debt of CN¥687.3M, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are CN¥12.2B and CN¥2.5B respectively.
Key information
7.1%
Debt to equity ratio
CN¥687.35m
Debt
Interest coverage ratio | n/a |
Cash | CN¥2.11b |
Equity | CN¥9.71b |
Total liabilities | CN¥2.47b |
Total assets | CN¥12.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002440's short term assets (CN¥6.9B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 002440's short term assets (CN¥6.9B) exceed its long term liabilities (CN¥581.2M).
Debt to Equity History and Analysis
Debt Level: 002440 has more cash than its total debt.
Reducing Debt: 002440's debt to equity ratio has increased from 0.8% to 7.1% over the past 5 years.
Debt Coverage: 002440's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002440's interest payments on its debt are well covered by EBIT.