Zhejiang Southeast Space Frame Balance Sheet Health
Financial Health criteria checks 3/6
Zhejiang Southeastce Frame has a total shareholder equity of CN¥6.6B and total debt of CN¥6.1B, which brings its debt-to-equity ratio to 93%. Its total assets and total liabilities are CN¥19.8B and CN¥13.2B respectively. Zhejiang Southeastce Frame's EBIT is CN¥395.2M making its interest coverage ratio 3.1. It has cash and short-term investments of CN¥2.1B.
Key information
93.0%
Debt to equity ratio
CN¥6.13b
Debt
| Interest coverage ratio | 3.1x |
| Cash | CN¥2.11b |
| Equity | CN¥6.58b |
| Total liabilities | CN¥13.23b |
| Total assets | CN¥19.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002135's short term assets (CN¥16.7B) exceed its short term liabilities (CN¥10.8B).
Long Term Liabilities: 002135's short term assets (CN¥16.7B) exceed its long term liabilities (CN¥2.4B).
Debt to Equity History and Analysis
Debt Level: 002135's net debt to equity ratio (61%) is considered high.
Reducing Debt: 002135's debt to equity ratio has increased from 40.1% to 93% over the past 5 years.
Debt Coverage: 002135's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002135's interest payments on its debt are well covered by EBIT (3.1x coverage).