Zhonglu.Co.Ltd Balance Sheet Health
Financial Health criteria checks 5/6
Zhonglu.Co.Ltd has a total shareholder equity of CN¥557.3M and total debt of CN¥48.6M, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are CN¥884.9M and CN¥327.6M respectively. Zhonglu.Co.Ltd's EBIT is CN¥738.1K making its interest coverage ratio -0.5. It has cash and short-term investments of CN¥198.3M.
Key information
8.7%
Debt to equity ratio
CN¥48.62m
Debt
Interest coverage ratio | -0.5x |
Cash | CN¥198.26m |
Equity | CN¥557.28m |
Total liabilities | CN¥327.63m |
Total assets | CN¥884.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 900915's short term assets (CN¥350.6M) exceed its short term liabilities (CN¥218.1M).
Long Term Liabilities: 900915's short term assets (CN¥350.6M) exceed its long term liabilities (CN¥109.5M).
Debt to Equity History and Analysis
Debt Level: 900915 has more cash than its total debt.
Reducing Debt: 900915's debt to equity ratio has reduced from 21% to 8.7% over the past 5 years.
Debt Coverage: 900915's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 900915 earns more interest than it pays, so coverage of interest payments is not a concern.