Zhe Jiang Dali TechnologyLtd Balance Sheet Health
Financial Health criteria checks 4/6
Zhe Jiang Dali TechnologyLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥321.9M, which brings its debt-to-equity ratio to 18.8%. Its total assets and total liabilities are CN¥2.2B and CN¥528.1M respectively.
Key information
18.8%
Debt to equity ratio
CN¥321.86m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥139.55m |
| Equity | CN¥1.71b |
| Total liabilities | CN¥528.13m |
| 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¥322.0M).
Long Term Liabilities: 002214's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥206.1M).
Debt to Equity History and Analysis
Debt Level: 002214's net debt to equity ratio (10.7%) is considered satisfactory.
Reducing Debt: 002214's debt to equity ratio has reduced from 26.9% to 18.8% 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.