Zhejiang YunzhongmaLtd Balance Sheet Health
Financial Health criteria checks 3/6
Zhejiang YunzhongmaLtd has a total shareholder equity of CN¥1.3B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 91.7%. Its total assets and total liabilities are CN¥2.8B and CN¥1.5B respectively. Zhejiang YunzhongmaLtd's EBIT is CN¥97.5M making its interest coverage ratio 9.7. It has cash and short-term investments of CN¥632.9M.
Key information
91.7%
Debt to equity ratio
CN¥1.19b
Debt
| Interest coverage ratio | 9.7x |
| Cash | CN¥632.91m |
| Equity | CN¥1.30b |
| Total liabilities | CN¥1.49b |
| Total assets | CN¥2.79b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603130's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 603130's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥104.7M).
Debt to Equity History and Analysis
Debt Level: 603130's net debt to equity ratio (42.9%) is considered high.
Reducing Debt: 603130's debt to equity ratio has increased from 16.7% to 91.7% 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 (9.7x coverage).