Zhejiang Giuseppe Garment Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Giuseppe Garment has a total shareholder equity of CN¥1.5B and total debt of CN¥11.0M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are CN¥1.9B and CN¥440.5M respectively. Zhejiang Giuseppe Garment's EBIT is CN¥112.5M making its interest coverage ratio -5.7. It has cash and short-term investments of CN¥506.5M.
Key information
0.7%
Debt to equity ratio
CN¥11.00m
Debt
| Interest coverage ratio | -5.7x |
| Cash | CN¥506.49m |
| Equity | CN¥1.50b |
| Total liabilities | CN¥440.49m |
| Total assets | CN¥1.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002687's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥406.9M).
Long Term Liabilities: 002687's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥33.6M).
Debt to Equity History and Analysis
Debt Level: 002687 has more cash than its total debt.
Reducing Debt: 002687's debt to equity ratio has reduced from 1.8% to 0.7% over the past 5 years.
Debt Coverage: 002687's debt is well covered by operating cash flow (2036.6%).
Interest Coverage: 002687 earns more interest than it pays, so coverage of interest payments is not a concern.