Zhejiang Heda Technology Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Heda Technology has a total shareholder equity of CN¥713.9M and total debt of CN¥19.4M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are CN¥944.7M and CN¥230.8M respectively.
Key information
2.7%
Debt to equity ratio
CN¥19.39m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥263.41m |
| Equity | CN¥713.86m |
| Total liabilities | CN¥230.81m |
| Total assets | CN¥944.67m |
Financial Position Analysis
Short Term Liabilities: 688296's short term assets (CN¥742.5M) exceed its short term liabilities (CN¥211.1M).
Long Term Liabilities: 688296's short term assets (CN¥742.5M) exceed its long term liabilities (CN¥19.8M).
Debt to Equity History and Analysis
Debt Level: 688296 has more cash than its total debt.
Reducing Debt: 688296's debt to equity ratio has increased from 0.2% to 2.7% over the past 5 years.
Debt Coverage: 688296's debt is well covered by operating cash flow (24.4%).
Interest Coverage: Insufficient data to determine if 688296's interest payments on its debt are well covered by EBIT.