ZTO Express (Cayman) Balance Sheet Health
Financial Health criteria checks 5/6
ZTO Express (Cayman) has a total shareholder equity of CN¥61.0B and total debt of CN¥17.6B, which brings its debt-to-equity ratio to 28.9%. Its total assets and total liabilities are CN¥91.1B and CN¥30.1B respectively. ZTO Express (Cayman)'s EBIT is CN¥10.7B making its interest coverage ratio -16.9. It has cash and short-term investments of CN¥20.4B.
Key information
28.9%
Debt to equity ratio
CN¥17.61b
Debt
| Interest coverage ratio | -16.9x |
| Cash | CN¥20.44b |
| Equity | CN¥60.97b |
| Total liabilities | CN¥30.13b |
| Total assets | CN¥91.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Z1TO34's short term assets (CN¥27.9B) exceed its short term liabilities (CN¥22.1B).
Long Term Liabilities: Z1TO34's short term assets (CN¥27.9B) exceed its long term liabilities (CN¥8.0B).
Debt to Equity History and Analysis
Debt Level: Z1TO34 has more cash than its total debt.
Reducing Debt: Z1TO34's debt to equity ratio has increased from 0% to 28.9% over the past 5 years.
Debt Coverage: Z1TO34's debt is well covered by operating cash flow (70.3%).
Interest Coverage: Z1TO34 earns more interest than it pays, so coverage of interest payments is not a concern.