Zhejiang Juli Culture DevelopmentLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Juli Culture DevelopmentLtd has a total shareholder equity of CN¥630.1M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.0B and CN¥419.4M respectively. Zhejiang Juli Culture DevelopmentLtd's EBIT is CN¥55.4M making its interest coverage ratio -8.2. It has cash and short-term investments of CN¥301.9M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -8.2x |
| Cash | CN¥301.86m |
| Equity | CN¥630.13m |
| Total liabilities | CN¥419.44m |
| Total assets | CN¥1.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002247's short term assets (CN¥633.2M) exceed its short term liabilities (CN¥365.7M).
Long Term Liabilities: 002247's short term assets (CN¥633.2M) exceed its long term liabilities (CN¥53.7M).
Debt to Equity History and Analysis
Debt Level: 002247 is debt free.
Reducing Debt: 002247 has no debt compared to 5 years ago when its debt to equity ratio was 22%.
Debt Coverage: 002247 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 002247 has no debt, therefore coverage of interest payments is not a concern.