Zhejiang Jasan Holding Group Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Jasan Holding Group has a total shareholder equity of CN¥2.5B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 46.4%. Its total assets and total liabilities are CN¥3.9B and CN¥1.5B respectively. Zhejiang Jasan Holding Group's EBIT is CN¥366.5M making its interest coverage ratio 16.3. It has cash and short-term investments of CN¥456.1M.
Key information
46.4%
Debt to equity ratio
CN¥1.14b
Debt
| Interest coverage ratio | 16.3x |
| Cash | CN¥456.06m |
| Equity | CN¥2.45b |
| Total liabilities | CN¥1.46b |
| Total assets | CN¥3.92b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603558's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 603558's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥4.8M).
Debt to Equity History and Analysis
Debt Level: 603558's net debt to equity ratio (27.8%) is considered satisfactory.
Reducing Debt: 603558's debt to equity ratio has increased from 11% to 46.4% over the past 5 years.
Debt Coverage: 603558's debt is not well covered by operating cash flow (15.9%).
Interest Coverage: 603558's interest payments on its debt are well covered by EBIT (16.3x coverage).