Zhejiang Bangjie Holding GroupLtd Balance Sheet Health
Financial Health criteria checks 1/6
Zhejiang Bangjie Holding GroupLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 115.5%. Its total assets and total liabilities are CN¥4.4B and CN¥3.3B respectively.
Key information
115.5%
Debt to equity ratio
CN¥1.27b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥655.68m |
| Equity | CN¥1.10b |
| Total liabilities | CN¥3.27b |
| Total assets | CN¥4.37b |
Financial Position Analysis
Short Term Liabilities: 002634's short term assets (CN¥1.5B) do not cover its short term liabilities (CN¥2.3B).
Long Term Liabilities: 002634's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥922.3M).
Debt to Equity History and Analysis
Debt Level: 002634's net debt to equity ratio (56%) is considered high.
Reducing Debt: 002634's debt to equity ratio has increased from 17.3% to 115.5% over the past 5 years.
Debt Coverage: 002634's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002634's interest payments on its debt are well covered by EBIT.