Zhejiang East Crystal ElectronicLtd Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang East Crystal ElectronicLtd has a total shareholder equity of CN¥283.9M and total debt of CN¥116.7M, which brings its debt-to-equity ratio to 41.1%. Its total assets and total liabilities are CN¥505.4M and CN¥221.4M respectively.
Key information
41.1%
Debt to equity ratio
CN¥116.67m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥55.04m |
| Equity | CN¥283.93m |
| Total liabilities | CN¥221.43m |
| Total assets | CN¥505.36m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002199's short term assets (CN¥201.3M) exceed its short term liabilities (CN¥149.4M).
Long Term Liabilities: 002199's short term assets (CN¥201.3M) exceed its long term liabilities (CN¥72.0M).
Debt to Equity History and Analysis
Debt Level: 002199's net debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: 002199's debt to equity ratio has increased from 0.07% to 41.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 002199 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 002199 has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 6.2% each year.