Zhuzhou Huarui Precision Cutting ToolsLtd Balance Sheet Health
Financial Health criteria checks 3/6
Zhuzhou Huarui Precision Cutting ToolsLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥688.8M, which brings its debt-to-equity ratio to 53.4%. Its total assets and total liabilities are CN¥2.5B and CN¥1.2B respectively. Zhuzhou Huarui Precision Cutting ToolsLtd's EBIT is CN¥220.4M making its interest coverage ratio 7.2. It has cash and short-term investments of CN¥137.7M.
Key information
53.4%
Debt to equity ratio
CN¥688.80m
Debt
| Interest coverage ratio | 7.2x |
| Cash | CN¥137.73m |
| Equity | CN¥1.29b |
| Total liabilities | CN¥1.17b |
| Total assets | CN¥2.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688059's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥628.3M).
Long Term Liabilities: 688059's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥545.4M).
Debt to Equity History and Analysis
Debt Level: 688059's net debt to equity ratio (42.7%) is considered high.
Reducing Debt: 688059's debt to equity ratio has increased from 23.5% to 53.4% over the past 5 years.
Debt Coverage: 688059's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 688059's interest payments on its debt are well covered by EBIT (7.2x coverage).