Zhenhai Petrochemical Engineering Balance Sheet Health
Financial Health criteria checks 6/6
Zhenhai Petrochemical Engineering has a total shareholder equity of CN¥969.6M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥1.4B and CN¥414.9M respectively. Zhenhai Petrochemical Engineering's EBIT is CN¥69.9M making its interest coverage ratio -3.6. It has cash and short-term investments of CN¥879.7M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -3.6x |
| Cash | CN¥879.74m |
| Equity | CN¥969.55m |
| Total liabilities | CN¥414.92m |
| Total assets | CN¥1.38b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603637's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥409.3M).
Long Term Liabilities: 603637's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥5.6M).
Debt to Equity History and Analysis
Debt Level: 603637 is debt free.
Reducing Debt: 603637 has not had any debt for past 5 years.
Debt Coverage: 603637 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 603637 has no debt, therefore coverage of interest payments is not a concern.