Zhejiang Ming Jewelry Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Ming Jewelry has a total shareholder equity of CN¥3.1B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 57.5%. Its total assets and total liabilities are CN¥7.4B and CN¥4.4B respectively.
Key information
57.5%
Debt to equity ratio
CN¥1.78b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥930.75m |
| Equity | CN¥3.09b |
| Total liabilities | CN¥4.36b |
| Total assets | CN¥7.45b |
Recent financial health updates
No updates
Recent updates
Zhejiang Ming Jewelry's (SZSE:002574) Performance Raises Some Questions
Nov 02
Zhejiang Ming Jewelry (SZSE:002574) May Have Issues Allocating Its Capital
Jun 07Statutory Earnings May Not Be The Best Way To Understand Zhejiang Ming Jewelry's (SZSE:002574) True Position
May 02Zhejiang Ming Jewelry Co., Ltd.'s (SZSE:002574) Shares Lagging The Industry But So Is The Business
Feb 27Financial Position Analysis
Short Term Liabilities: 002574's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 002574's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥1.3B).
Debt to Equity History and Analysis
Debt Level: 002574's net debt to equity ratio (27.4%) is considered satisfactory.
Reducing Debt: 002574's debt to equity ratio has increased from 0% to 57.5% over the past 5 years.
Debt Coverage: 002574's debt is well covered by operating cash flow (45%).
Interest Coverage: Insufficient data to determine if 002574's interest payments on its debt are well covered by EBIT.