ZOY Home FurnishingLtd Balance Sheet Health
Financial Health criteria checks 4/6
ZOY Home FurnishingLtd has a total shareholder equity of CN¥599.8M and total debt of CN¥285.7M, which brings its debt-to-equity ratio to 47.6%. Its total assets and total liabilities are CN¥1.4B and CN¥756.2M respectively. ZOY Home FurnishingLtd's EBIT is CN¥22.5M making its interest coverage ratio 87.8. It has cash and short-term investments of CN¥93.0M.
Key information
47.6%
Debt to equity ratio
CN¥285.69m
Debt
Interest coverage ratio | 87.8x |
Cash | CN¥92.95m |
Equity | CN¥599.85m |
Total liabilities | CN¥756.18m |
Total assets | CN¥1.36b |
Recent financial health updates
No updates
Recent updates
The Strong Earnings Posted By ZOY Home FurnishingLtd (SHSE:603709) Are A Good Indication Of The Strength Of The Business
May 06ZOY Home Furnishing Co.,Ltd (SHSE:603709) Not Doing Enough For Some Investors As Its Shares Slump 26%
Apr 26Improved Revenues Required Before ZOY Home Furnishing Co.,Ltd (SHSE:603709) Stock's 31% Jump Looks Justified
Mar 08Financial Position Analysis
Short Term Liabilities: 603709's short term assets (CN¥533.4M) do not cover its short term liabilities (CN¥573.9M).
Long Term Liabilities: 603709's short term assets (CN¥533.4M) exceed its long term liabilities (CN¥182.3M).
Debt to Equity History and Analysis
Debt Level: 603709's net debt to equity ratio (32.1%) is considered satisfactory.
Reducing Debt: 603709's debt to equity ratio has increased from 0% to 47.6% over the past 5 years.
Debt Coverage: 603709's debt is well covered by operating cash flow (31.4%).
Interest Coverage: 603709's interest payments on its debt are well covered by EBIT (87.8x coverage).