Zhengyuan Geomatics GroupLtd Balance Sheet Health
Financial Health criteria checks 3/6
Zhengyuan Geomatics GroupLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥766.9M, which brings its debt-to-equity ratio to 48.4%. Its total assets and total liabilities are CN¥3.5B and CN¥1.9B respectively.
Key information
48.4%
Debt to equity ratio
CN¥766.94m
Debt
Interest coverage ratio | n/a |
Cash | CN¥413.10m |
Equity | CN¥1.58b |
Total liabilities | CN¥1.95b |
Total assets | CN¥3.53b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 688509's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 688509's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥207.8M).
Debt to Equity History and Analysis
Debt Level: 688509's net debt to equity ratio (22.4%) is considered satisfactory.
Reducing Debt: 688509's debt to equity ratio has increased from 41.4% to 48.4% over the past 5 years.
Debt Coverage: 688509's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 688509's interest payments on its debt are well covered by EBIT.