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¥1.3B, which brings its debt-to-equity ratio to 40.9%. Its total assets and total liabilities are CN¥6.2B and CN¥3.0B respectively. Ziel Home Furnishing Technology's EBIT is CN¥438.1M making its interest coverage ratio -14.1. It has cash and short-term investments of CN¥1.1B.
Key information
40.9%
Debt to equity ratio
CN¥1.31b
Debt
| Interest coverage ratio | -14.1x |
| Cash | CN¥1.12b |
| Equity | CN¥3.21b |
| Total liabilities | CN¥3.04b |
| Total assets | CN¥6.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301376's short term assets (CN¥3.5B) exceed its short term liabilities (CN¥2.2B).
Long Term Liabilities: 301376's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥840.2M).
Debt to Equity History and Analysis
Debt Level: 301376's net debt to equity ratio (6%) is considered satisfactory.
Reducing Debt: 301376's debt to equity ratio has increased from 0.9% to 40.9% over the past 5 years.
Debt Coverage: 301376's debt is well covered by operating cash flow (147.1%).
Interest Coverage: 301376 earns more interest than it pays, so coverage of interest payments is not a concern.