ZOY Home FurnishingLtd Balance Sheet Health
Financial Health criteria checks 1/6
ZOY Home FurnishingLtd has a total shareholder equity of CN¥571.8M and total debt of CN¥320.6M, which brings its debt-to-equity ratio to 56.1%. Its total assets and total liabilities are CN¥1.4B and CN¥868.0M respectively.
Key information
56.1%
Debt to equity ratio
CN¥320.59m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥80.15m |
| Equity | CN¥571.79m |
| Total liabilities | CN¥868.03m |
| Total assets | CN¥1.44b |
Recent financial health updates
No updates
Recent updates
Little Excitement Around ZOY Home Furnishing Co.,Ltd's (SHSE:603709) Revenues
Jul 31
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¥646.6M) do not cover its short term liabilities (CN¥700.8M).
Long Term Liabilities: 603709's short term assets (CN¥646.6M) exceed its long term liabilities (CN¥167.2M).
Debt to Equity History and Analysis
Debt Level: 603709's net debt to equity ratio (42.1%) is considered high.
Reducing Debt: 603709's debt to equity ratio has increased from 0% to 56.1% over the past 5 years.
Debt Coverage: 603709's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 603709's interest payments on its debt are well covered by EBIT.