Zhejiang Meorient Commerce Exhibition Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Meorient Commerce Exhibition has a total shareholder equity of CN¥684.2M and total debt of CN¥5.9M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are CN¥909.6M and CN¥225.4M respectively. Zhejiang Meorient Commerce Exhibition's EBIT is CN¥208.9M making its interest coverage ratio -10.5. It has cash and short-term investments of CN¥738.9M.
Key information
0.9%
Debt to equity ratio
CN¥5.92m
Debt
Interest coverage ratio | -10.5x |
Cash | CN¥738.86m |
Equity | CN¥684.21m |
Total liabilities | CN¥225.40m |
Total assets | CN¥909.62m |
Recent financial health updates
No updates
Recent updates
Here's Why We Think Zhejiang Meorient Commerce Exhibition (SZSE:300795) Might Deserve Your Attention Today
Apr 22Zhejiang Meorient Commerce Exhibition Inc.'s (SZSE:300795) 37% Jump Shows Its Popularity With Investors
Mar 05Zhejiang Meorient Commerce Exhibition Inc.'s (SZSE:300795) 37% Jump Shows Its Popularity With Investors
Mar 05Financial Position Analysis
Short Term Liabilities: 300795's short term assets (CN¥777.1M) exceed its short term liabilities (CN¥210.1M).
Long Term Liabilities: 300795's short term assets (CN¥777.1M) exceed its long term liabilities (CN¥15.3M).
Debt to Equity History and Analysis
Debt Level: 300795 has more cash than its total debt.
Reducing Debt: 300795's debt to equity ratio has increased from 0% to 0.9% over the past 5 years.
Debt Coverage: 300795's debt is well covered by operating cash flow (2971.9%).
Interest Coverage: 300795 earns more interest than it pays, so coverage of interest payments is not a concern.