Zhejiang Dongwang Times Technology Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Dongwang Times Technology has a total shareholder equity of CN¥3.0B and total debt of CN¥77.9M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are CN¥3.3B and CN¥321.5M respectively. Zhejiang Dongwang Times Technology's EBIT is CN¥42.9M making its interest coverage ratio -2. It has cash and short-term investments of CN¥539.6M.
Key information
2.6%
Debt to equity ratio
CN¥77.94m
Debt
| Interest coverage ratio | -2x |
| Cash | CN¥539.56m |
| Equity | CN¥3.02b |
| Total liabilities | CN¥321.51m |
| Total assets | CN¥3.34b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600052's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥190.5M).
Long Term Liabilities: 600052's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥131.0M).
Debt to Equity History and Analysis
Debt Level: 600052 has more cash than its total debt.
Reducing Debt: 600052's debt to equity ratio has increased from 0% to 2.6% over the past 5 years.
Debt Coverage: 600052's debt is well covered by operating cash flow (99%).
Interest Coverage: 600052 earns more interest than it pays, so coverage of interest payments is not a concern.