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¥741.4M, which brings its debt-to-equity ratio to 56.9%. Its total assets and total liabilities are CN¥2.5B and CN¥1.2B respectively. Zhuzhou Huarui Precision Cutting ToolsLtd's EBIT is CN¥196.3M making its interest coverage ratio 32.4. It has cash and short-term investments of CN¥120.6M.
Key information
56.9%
Debt to equity ratio
CN¥741.36m
Debt
| Interest coverage ratio | 32.4x |
| Cash | CN¥120.61m |
| Equity | CN¥1.30b |
| Total liabilities | CN¥1.21b |
| Total assets | CN¥2.52b |
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¥635.4M).
Long Term Liabilities: 688059's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥578.2M).
Debt to Equity History and Analysis
Debt Level: 688059's net debt to equity ratio (47.7%) is considered high.
Reducing Debt: 688059's debt to equity ratio has increased from 25.2% to 56.9% over the past 5 years.
Debt Coverage: 688059's debt is not well covered by operating cash flow (1.7%).
Interest Coverage: 688059's interest payments on its debt are well covered by EBIT (32.4x coverage).