ZYNP Balance Sheet Health
Financial Health criteria checks 6/6
ZYNP has a total shareholder equity of CN¥3.8B and total debt of CN¥931.8M, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are CN¥5.8B and CN¥1.9B respectively. ZYNP's EBIT is CN¥282.1M making its interest coverage ratio -11.4. It has cash and short-term investments of CN¥580.4M.
Key information
24.3%
Debt to equity ratio
CN¥931.81m
Debt
Interest coverage ratio | -11.4x |
Cash | CN¥580.36m |
Equity | CN¥3.84b |
Total liabilities | CN¥1.92b |
Total assets | CN¥5.76b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002448's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 002448's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥342.8M).
Debt to Equity History and Analysis
Debt Level: 002448's net debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: 002448's debt to equity ratio has reduced from 39% to 24.3% over the past 5 years.
Debt Coverage: 002448's debt is well covered by operating cash flow (26.3%).
Interest Coverage: 002448 earns more interest than it pays, so coverage of interest payments is not a concern.