Zhejiang Dahua Technology Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Dahua Technology has a total shareholder equity of CN¥35.9B and total debt of CN¥1.9B, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are CN¥52.9B and CN¥17.0B respectively. Zhejiang Dahua Technology's EBIT is CN¥3.7B making its interest coverage ratio -0.8. It has cash and short-term investments of CN¥16.0B.
Key information
5.2%
Debt to equity ratio
CN¥1.86b
Debt
| Interest coverage ratio | -0.8x |
| Cash | CN¥15.97b |
| Equity | CN¥35.88b |
| Total liabilities | CN¥17.00b |
| Total assets | CN¥52.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002236's short term assets (CN¥41.1B) exceed its short term liabilities (CN¥16.3B).
Long Term Liabilities: 002236's short term assets (CN¥41.1B) exceed its long term liabilities (CN¥687.6M).
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 18.1% to 5.2% over the past 5 years.
Debt Coverage: 002236's debt is well covered by operating cash flow (247.4%).
Interest Coverage: 002236 earns more interest than it pays, so coverage of interest payments is not a concern.