Zhe Jiang Dali TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Zhe Jiang Dali TechnologyLtd has a total shareholder equity of CN¥1.9B and total debt of CN¥324.0M, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are CN¥2.4B and CN¥567.9M respectively.
Key information
17.3%
Debt to equity ratio
CN¥324.02m
Debt
Interest coverage ratio | n/a |
Cash | CN¥265.53m |
Equity | CN¥1.87b |
Total liabilities | CN¥567.85m |
Total assets | CN¥2.44b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002214's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥318.2M).
Long Term Liabilities: 002214's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥249.7M).
Debt to Equity History and Analysis
Debt Level: 002214's net debt to equity ratio (3.1%) is considered satisfactory.
Reducing Debt: 002214's debt to equity ratio has reduced from 23.3% to 17.3% over the past 5 years.
Debt Coverage: 002214's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002214's interest payments on its debt are well covered by EBIT.