Zhejiang Crystal-Optech Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Crystal-Optech has a total shareholder equity of CN¥9.2B and total debt of CN¥132.5M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are CN¥11.0B and CN¥1.9B respectively. Zhejiang Crystal-Optech's EBIT is CN¥534.4M making its interest coverage ratio -5.9. It has cash and short-term investments of CN¥2.7B.
Key information
1.4%
Debt to equity ratio
CN¥132.48m
Debt
| Interest coverage ratio | -5.9x |
| Cash | CN¥2.67b |
| Equity | CN¥9.16b |
| Total liabilities | CN¥1.86b |
| Total assets | CN¥11.02b |
Recent financial health updates
No updates
Recent updates
Results: Zhejiang Crystal-Optech Co., Ltd Beat Earnings Expectations And Analysts Now Have New Forecasts
May 02
Here's What To Make Of Zhejiang Crystal-Optech's (SZSE:002273) Decelerating Rates Of Return
Apr 16Zhejiang Crystal-Optech (SZSE:002273) Strong Profits May Be Masking Some Underlying Issues
Mar 29Why Investors Shouldn't Be Surprised By Zhejiang Crystal-Optech Co., Ltd's (SZSE:002273) 32% Share Price Surge
Mar 07Financial Position Analysis
Short Term Liabilities: 002273's short term assets (CN¥4.5B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 002273's short term assets (CN¥4.5B) exceed its long term liabilities (CN¥188.7M).
Debt to Equity History and Analysis
Debt Level: 002273 has more cash than its total debt.
Reducing Debt: 002273's debt to equity ratio has reduced from 25.5% to 1.4% over the past 5 years.
Debt Coverage: 002273's debt is well covered by operating cash flow (1091.5%).
Interest Coverage: 002273 earns more interest than it pays, so coverage of interest payments is not a concern.