Zhejiang Top Cloud-agri TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Top Cloud-agri TechnologyLtd has a total shareholder equity of CN¥663.7M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥879.0M and CN¥215.3M respectively. Zhejiang Top Cloud-agri TechnologyLtd's EBIT is CN¥117.3M making its interest coverage ratio -7.8. It has cash and short-term investments of CN¥265.4M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -7.8x |
| Cash | CN¥265.43m |
| Equity | CN¥663.72m |
| Total liabilities | CN¥215.32m |
| Total assets | CN¥879.05m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: 301556's short term assets (CN¥478.1M) exceed its short term liabilities (CN¥196.5M).
Long Term Liabilities: 301556's short term assets (CN¥478.1M) exceed its long term liabilities (CN¥18.8M).
Debt to Equity History and Analysis
Debt Level: 301556 is debt free.
Reducing Debt: 301556 has no debt compared to 5 years ago when its debt to equity ratio was 5.1%.
Debt Coverage: 301556 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301556 has no debt, therefore coverage of interest payments is not a concern.