Zhongtong Bus HoldingLTD Balance Sheet Health
Financial Health criteria checks 6/6
Zhongtong Bus HoldingLTD has a total shareholder equity of CN¥2.9B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥8.3B and CN¥5.4B respectively. Zhongtong Bus HoldingLTD's EBIT is CN¥183.9M making its interest coverage ratio -15.4. It has cash and short-term investments of CN¥2.5B.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -15.4x |
| Cash | CN¥2.54b |
| Equity | CN¥2.90b |
| Total liabilities | CN¥5.41b |
| Total assets | CN¥8.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000957's short term assets (CN¥6.6B) exceed its short term liabilities (CN¥5.0B).
Long Term Liabilities: 000957's short term assets (CN¥6.6B) exceed its long term liabilities (CN¥426.4M).
Debt to Equity History and Analysis
Debt Level: 000957 is debt free.
Reducing Debt: 000957 has no debt compared to 5 years ago when its debt to equity ratio was 90.5%.
Debt Coverage: 000957 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 000957 has no debt, therefore coverage of interest payments is not a concern.