Jiaxing ZMAX Optech Balance Sheet Health
Financial Health criteria checks 5/6
Jiaxing ZMAX Optech has a total shareholder equity of CN¥841.5M and total debt of CN¥24.8M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are CN¥1.0B and CN¥176.0M respectively. Jiaxing ZMAX Optech's EBIT is CN¥21.4M making its interest coverage ratio -2.2. It has cash and short-term investments of CN¥462.2M.
Key information
2.9%
Debt to equity ratio
CN¥24.76m
Debt
Interest coverage ratio | -2.2x |
Cash | CN¥462.16m |
Equity | CN¥841.51m |
Total liabilities | CN¥176.03m |
Total assets | CN¥1.02b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688307's short term assets (CN¥693.6M) exceed its short term liabilities (CN¥127.1M).
Long Term Liabilities: 688307's short term assets (CN¥693.6M) exceed its long term liabilities (CN¥48.9M).
Debt to Equity History and Analysis
Debt Level: 688307 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 688307's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 688307's debt is well covered by operating cash flow (426%).
Interest Coverage: 688307 earns more interest than it pays, so coverage of interest payments is not a concern.