Zhe Jiang Dali TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Zhe Jiang Dali TechnologyLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥343.7M, which brings its debt-to-equity ratio to 20.9%. Its total assets and total liabilities are CN¥2.2B and CN¥597.7M respectively.
Key information
20.9%
Debt to equity ratio
CN¥343.66m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥204.35m |
| Equity | CN¥1.64b |
| Total liabilities | CN¥597.74m |
| Total assets | CN¥2.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002214's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥393.8M).
Long Term Liabilities: 002214's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥203.9M).
Debt to Equity History and Analysis
Debt Level: 002214's net debt to equity ratio (8.5%) is considered satisfactory.
Reducing Debt: 002214's debt to equity ratio has reduced from 25.6% to 20.9% 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.