Zhuhai CosMX Battery Balance Sheet Health
Financial Health criteria checks 3/6
Zhuhai CosMX Battery has a total shareholder equity of CN¥7.1B and total debt of CN¥7.1B, which brings its debt-to-equity ratio to 99.8%. Its total assets and total liabilities are CN¥21.9B and CN¥14.8B respectively.
Key information
99.8%
Debt to equity ratio
CN¥7.12b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥4.25b |
| Equity | CN¥7.14b |
| Total liabilities | CN¥14.76b |
| Total assets | CN¥21.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 688772's short term assets (CN¥9.9B) exceed its short term liabilities (CN¥9.0B).
Long Term Liabilities: 688772's short term assets (CN¥9.9B) exceed its long term liabilities (CN¥5.7B).
Debt to Equity History and Analysis
Debt Level: 688772's net debt to equity ratio (40.2%) is considered high.
Reducing Debt: 688772's debt to equity ratio has increased from 30% to 99.8% over the past 5 years.
Debt Coverage: 688772's debt is well covered by operating cash flow (38%).
Interest Coverage: Insufficient data to determine if 688772's interest payments on its debt are well covered by EBIT.