Zoomlion Heavy Industry Science and Technology Balance Sheet Health
Financial Health criteria checks 5/6
Zoomlion Heavy Industry Science and Technology has a total shareholder equity of CN¥59.2B and total debt of CN¥22.3B, which brings its debt-to-equity ratio to 37.7%. Its total assets and total liabilities are CN¥130.9B and CN¥71.7B respectively. Zoomlion Heavy Industry Science and Technology's EBIT is CN¥3.0B making its interest coverage ratio -13.4. It has cash and short-term investments of CN¥17.6B.
Key information
37.7%
Debt to equity ratio
CN¥22.32b
Debt
Interest coverage ratio | -13.4x |
Cash | CN¥17.64b |
Equity | CN¥59.17b |
Total liabilities | CN¥71.70b |
Total assets | CN¥130.86b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000157's short term assets (CN¥78.0B) exceed its short term liabilities (CN¥50.0B).
Long Term Liabilities: 000157's short term assets (CN¥78.0B) exceed its long term liabilities (CN¥21.7B).
Debt to Equity History and Analysis
Debt Level: 000157's net debt to equity ratio (7.9%) is considered satisfactory.
Reducing Debt: 000157's debt to equity ratio has reduced from 92% to 37.7% over the past 5 years.
Debt Coverage: 000157's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: 000157 earns more interest than it pays, so coverage of interest payments is not a concern.