Ziel Home Furnishing Technology Balance Sheet Health
Financial Health criteria checks 5/6
Ziel Home Furnishing Technology has a total shareholder equity of CN¥3.1B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 36.4%. Its total assets and total liabilities are CN¥5.9B and CN¥2.8B respectively. Ziel Home Furnishing Technology's EBIT is CN¥451.9M making its interest coverage ratio -14.1. It has cash and short-term investments of CN¥1.6B.
Key information
36.4%
Debt to equity ratio
CN¥1.13b
Debt
| Interest coverage ratio | -14.1x |
| Cash | CN¥1.59b |
| Equity | CN¥3.10b |
| Total liabilities | CN¥2.75b |
| Total assets | CN¥5.85b |
Recent financial health updates
These 4 Measures Indicate That Ziel Home Furnishing Technology (SZSE:301376) Is Using Debt Safely
Jul 26
These 4 Measures Indicate That Ziel Home Furnishing Technology (SZSE:301376) Is Using Debt Safely
Mar 05Recent updates
These 4 Measures Indicate That Ziel Home Furnishing Technology (SZSE:301376) Is Using Debt Safely
Jul 26Capital Allocation Trends At Ziel Home Furnishing Technology (SZSE:301376) Aren't Ideal
Jun 27Solid Earnings Reflect Ziel Home Furnishing Technology's (SZSE:301376) Strength As A Business
Apr 25These 4 Measures Indicate That Ziel Home Furnishing Technology (SZSE:301376) Is Using Debt Safely
Mar 05Financial Position Analysis
Short Term Liabilities: 301376's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 301376's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥867.7M).
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 2.2% to 36.4% over the past 5 years.
Debt Coverage: 301376's debt is well covered by operating cash flow (152.2%).
Interest Coverage: 301376 earns more interest than it pays, so coverage of interest payments is not a concern.