Zenner Metering Technology (Shanghai) Balance Sheet Health
Financial Health criteria checks 5/6
Zenner Metering Technology (Shanghai) has a total shareholder equity of CN¥3.2B and total debt of CN¥167.0M, which brings its debt-to-equity ratio to 5.3%. Its total assets and total liabilities are CN¥3.8B and CN¥593.1M respectively. Zenner Metering Technology (Shanghai)'s EBIT is CN¥332.9M making its interest coverage ratio -8.8. It has cash and short-term investments of CN¥535.1M.
Key information
5.3%
Debt to equity ratio
CN¥167.04m
Debt
Interest coverage ratio | -8.8x |
Cash | CN¥535.11m |
Equity | CN¥3.16b |
Total liabilities | CN¥593.09m |
Total assets | CN¥3.75b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301303's short term assets (CN¥2.0B) exceed its short term liabilities (CN¥488.1M).
Long Term Liabilities: 301303's short term assets (CN¥2.0B) exceed its long term liabilities (CN¥105.0M).
Debt to Equity History and Analysis
Debt Level: 301303 has more cash than its total debt.
Reducing Debt: 301303's debt to equity ratio has increased from 3.4% to 5.3% over the past 5 years.
Debt Coverage: 301303's debt is well covered by operating cash flow (36.8%).
Interest Coverage: 301303 earns more interest than it pays, so coverage of interest payments is not a concern.