Zkteco Balance Sheet Health
Financial Health criteria checks 5/6
Zkteco has a total shareholder equity of CN¥3.3B and total debt of CN¥24.2M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CN¥3.8B and CN¥582.6M respectively. Zkteco's EBIT is CN¥134.1M making its interest coverage ratio -2.5. It has cash and short-term investments of CN¥2.0B.
Key information
0.7%
Debt to equity ratio
CN¥24.16m
Debt
Interest coverage ratio | -2.5x |
Cash | CN¥1.97b |
Equity | CN¥3.26b |
Total liabilities | CN¥582.63m |
Total assets | CN¥3.84b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301330's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥543.0M).
Long Term Liabilities: 301330's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥39.6M).
Debt to Equity History and Analysis
Debt Level: 301330 has more cash than its total debt.
Reducing Debt: 301330's debt to equity ratio has increased from 0.09% to 0.7% over the past 5 years.
Debt Coverage: 301330's debt is well covered by operating cash flow (965.1%).
Interest Coverage: 301330 earns more interest than it pays, so coverage of interest payments is not a concern.