Zhejiang Chint Electrics Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Chint Electrics has a total shareholder equity of CN¥48.1B and total debt of CN¥28.0B, which brings its debt-to-equity ratio to 58.2%. Its total assets and total liabilities are CN¥130.7B and CN¥82.6B respectively. Zhejiang Chint Electrics's EBIT is CN¥7.2B making its interest coverage ratio -35.9. It has cash and short-term investments of CN¥10.8B.
Key information
58.2%
Debt to equity ratio
CN¥28.00b
Debt
| Interest coverage ratio | -35.9x |
| Cash | CN¥10.78b |
| Equity | CN¥48.14b |
| Total liabilities | CN¥82.60b |
| Total assets | CN¥130.74b |
Recent financial health updates
Does Zhejiang Chint Electrics (SHSE:601877) Have A Healthy Balance Sheet?
Sep 16
These 4 Measures Indicate That Zhejiang Chint Electrics (SHSE:601877) Is Using Debt Extensively
Mar 29Recent updates
Does Zhejiang Chint Electrics (SHSE:601877) Have A Healthy Balance Sheet?
Sep 16What Does Zhejiang Chint Electrics Co., Ltd.'s (SHSE:601877) Share Price Indicate?
Aug 29Lacklustre Performance Is Driving Zhejiang Chint Electrics Co., Ltd.'s (SHSE:601877) Low P/E
Aug 13Returns On Capital Signal Tricky Times Ahead For Zhejiang Chint Electrics (SHSE:601877)
Jul 12Is Zhejiang Chint Electrics Co., Ltd. (SHSE:601877) Potentially Undervalued?
May 21Zhejiang Chint Electrics Co., Ltd.'s (SHSE:601877) Subdued P/E Might Signal An Opportunity
May 01These 4 Measures Indicate That Zhejiang Chint Electrics (SHSE:601877) Is Using Debt Extensively
Mar 29Financial Position Analysis
Short Term Liabilities: 601877's short term assets (CN¥77.9B) exceed its short term liabilities (CN¥53.5B).
Long Term Liabilities: 601877's short term assets (CN¥77.9B) exceed its long term liabilities (CN¥29.1B).
Debt to Equity History and Analysis
Debt Level: 601877's net debt to equity ratio (35.8%) is considered satisfactory.
Reducing Debt: 601877's debt to equity ratio has increased from 55.1% to 58.2% over the past 5 years.
Debt Coverage: 601877's debt is well covered by operating cash flow (33.6%).
Interest Coverage: 601877 earns more interest than it pays, so coverage of interest payments is not a concern.