Zhejiang YunzhongmaLtd Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang YunzhongmaLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥558.2M, which brings its debt-to-equity ratio to 41.8%. Its total assets and total liabilities are CN¥2.3B and CN¥920.6M respectively. Zhejiang YunzhongmaLtd's EBIT is CN¥126.0M making its interest coverage ratio 19.6. It has cash and short-term investments of CN¥385.6M.
Key information
41.8%
Debt to equity ratio
CN¥558.16m
Debt
Interest coverage ratio | 19.6x |
Cash | CN¥385.60m |
Equity | CN¥1.33b |
Total liabilities | CN¥920.64m |
Total assets | CN¥2.26b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603130's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥881.7M).
Long Term Liabilities: 603130's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥39.0M).
Debt to Equity History and Analysis
Debt Level: 603130's net debt to equity ratio (12.9%) is considered satisfactory.
Reducing Debt: 603130's debt to equity ratio has increased from 19.5% to 41.8% over the past 5 years.
Debt Coverage: 603130's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603130's interest payments on its debt are well covered by EBIT (19.6x coverage).