Zhejiang Wazam New MaterialsLTD Balance Sheet Health
Financial Health criteria checks 1/6
Zhejiang Wazam New MaterialsLTD has a total shareholder equity of CN¥1.6B and total debt of CN¥2.5B, which brings its debt-to-equity ratio to 157.1%. Its total assets and total liabilities are CN¥6.4B and CN¥4.8B respectively.
Key information
157.1%
Debt to equity ratio
CN¥2.50b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥550.42m |
| Equity | CN¥1.59b |
| Total liabilities | CN¥4.76b |
| Total assets | CN¥6.35b |
Recent financial health updates
No updates
Recent updates
A Piece Of The Puzzle Missing From Zhejiang Wazam New Materials Co.,LTD.'s (SHSE:603186) 44% Share Price Climb
Oct 21
Zhejiang Wazam New Materials Co.,LTD.'s (SHSE:603186) Shares Leap 28% Yet They're Still Not Telling The Full Story
Sep 04Investors Still Aren't Entirely Convinced By Zhejiang Wazam New Materials Co.,LTD.'s (SHSE:603186) Revenues Despite 25% Price Jump
May 20Market Might Still Lack Some Conviction On Zhejiang Wazam New Materials Co.,LTD. (SHSE:603186) Even After 29% Share Price Boost
Mar 07Financial Position Analysis
Short Term Liabilities: 603186's short term assets (CN¥3.1B) do not cover its short term liabilities (CN¥3.4B).
Long Term Liabilities: 603186's short term assets (CN¥3.1B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 603186's net debt to equity ratio (122.5%) is considered high.
Reducing Debt: 603186's debt to equity ratio has increased from 110.4% to 157.1% over the past 5 years.
Debt Coverage: 603186's debt is not well covered by operating cash flow (0.2%).
Interest Coverage: Insufficient data to determine if 603186's interest payments on its debt are well covered by EBIT.