Zhejiang Dahua Technology Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Dahua Technology has a total shareholder equity of CN¥37.0B and total debt of CN¥1.4B, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are CN¥51.0B and CN¥14.0B respectively. Zhejiang Dahua Technology's EBIT is CN¥2.4B making its interest coverage ratio -0.5. It has cash and short-term investments of CN¥9.3B.
Key information
3.9%
Debt to equity ratio
CN¥1.42b
Debt
| Interest coverage ratio | -0.5x |
| Cash | CN¥9.33b |
| Equity | CN¥36.96b |
| Total liabilities | CN¥14.03b |
| Total assets | CN¥50.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002236's short term assets (CN¥35.5B) exceed its short term liabilities (CN¥13.4B).
Long Term Liabilities: 002236's short term assets (CN¥35.5B) exceed its long term liabilities (CN¥618.5M).
Debt to Equity History and Analysis
Debt Level: 002236 has more cash than its total debt.
Reducing Debt: 002236's debt to equity ratio has reduced from 18.9% to 3.9% over the past 5 years.
Debt Coverage: 002236's debt is well covered by operating cash flow (221.2%).
Interest Coverage: 002236 earns more interest than it pays, so coverage of interest payments is not a concern.