Ziel Home Furnishing Technology Balance Sheet Health
Financial Health criteria checks 5/6
Ziel Home Furnishing Technology has a total shareholder equity of CN¥3.2B and total debt of CN¥891.7M, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are CN¥5.7B and CN¥2.5B respectively. Ziel Home Furnishing Technology's EBIT is CN¥486.1M making its interest coverage ratio -16.7. It has cash and short-term investments of CN¥1.2B.
Key information
27.7%
Debt to equity ratio
CN¥891.74m
Debt
Interest coverage ratio | -16.7x |
Cash | CN¥1.18b |
Equity | CN¥3.22b |
Total liabilities | CN¥2.51b |
Total assets | CN¥5.73b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 301376's short term assets (CN¥3.5B) exceed its short term liabilities (CN¥1.8B).
Long Term Liabilities: 301376's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥713.0M).
Debt to Equity History and Analysis
Debt Level: 301376 has more cash than its total debt.
Reducing Debt: 301376's debt to equity ratio has increased from 3.8% to 27.7% over the past 5 years.
Debt Coverage: 301376's debt is well covered by operating cash flow (188.3%).
Interest Coverage: 301376 earns more interest than it pays, so coverage of interest payments is not a concern.