Zhejiang Bangjie Holding GroupLtd Balance Sheet Health
Financial Health criteria checks 2/6
Zhejiang Bangjie Holding GroupLtd has a total shareholder equity of CN¥1.4B and total debt of CN¥1.5B, which brings its debt-to-equity ratio to 108.6%. Its total assets and total liabilities are CN¥5.5B and CN¥4.1B respectively.
Key information
108.6%
Debt to equity ratio
CN¥1.50b
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.53b |
Equity | CN¥1.38b |
Total liabilities | CN¥4.14b |
Total assets | CN¥5.52b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002634's short term assets (CN¥2.6B) do not cover its short term liabilities (CN¥3.1B).
Long Term Liabilities: 002634's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥1.0B).
Debt to Equity History and Analysis
Debt Level: 002634 has more cash than its total debt.
Reducing Debt: 002634's debt to equity ratio has increased from 17% to 108.6% 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.