Zhejiang Giuseppe Garment Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Giuseppe Garment has a total shareholder equity of CN¥1.6B 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¥2.0B and CN¥450.1M respectively. Zhejiang Giuseppe Garment's EBIT is CN¥208.6M making its interest coverage ratio -13. It has cash and short-term investments of CN¥663.0M.
Key information
0.7%
Debt to equity ratio
CN¥11.00m
Debt
Interest coverage ratio | -13x |
Cash | CN¥663.04m |
Equity | CN¥1.58b |
Total liabilities | CN¥450.09m |
Total assets | CN¥2.03b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002687's short term assets (CN¥1.4B) exceed its short term liabilities (CN¥410.9M).
Long Term Liabilities: 002687's short term assets (CN¥1.4B) exceed its long term liabilities (CN¥39.2M).
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 increased from 0% to 0.7% over the past 5 years.
Debt Coverage: 002687's debt is well covered by operating cash flow (2815%).
Interest Coverage: 002687 earns more interest than it pays, so coverage of interest payments is not a concern.