Zhubo Design Balance Sheet Health
Financial Health criteria checks 6/6
Zhubo Design has a total shareholder equity of CN¥1.3B and total debt of CN¥4.5M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥1.8B and CN¥449.6M respectively. Zhubo Design's EBIT is CN¥52.5M making its interest coverage ratio -2.3. It has cash and short-term investments of CN¥1.0B.
Key information
0.3%
Debt to equity ratio
CN¥4.51m
Debt
Interest coverage ratio | -2.3x |
Cash | CN¥1.01b |
Equity | CN¥1.31b |
Total liabilities | CN¥449.56m |
Total assets | CN¥1.76b |
Financial Position Analysis
Short Term Liabilities: 300564's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥439.7M).
Long Term Liabilities: 300564's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥9.9M).
Debt to Equity History and Analysis
Debt Level: 300564 has more cash than its total debt.
Reducing Debt: 300564's debt to equity ratio has reduced from 4.6% to 0.3% over the past 5 years.
Debt Coverage: 300564's debt is well covered by operating cash flow (1305.9%).
Interest Coverage: 300564 earns more interest than it pays, so coverage of interest payments is not a concern.