Zhongbai Holdings GroupLtd Balance Sheet Health
Financial Health criteria checks 3/6
Zhongbai Holdings GroupLtd has a total shareholder equity of CN¥2.3B and total debt of CN¥1.6B, which brings its debt-to-equity ratio to 68%. Its total assets and total liabilities are CN¥11.5B and CN¥9.2B respectively.
Key information
68.0%
Debt to equity ratio
CN¥1.56b
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.34b |
Equity | CN¥2.30b |
Total liabilities | CN¥9.20b |
Total assets | CN¥11.50b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000759's short term assets (CN¥3.6B) do not cover its short term liabilities (CN¥6.8B).
Long Term Liabilities: 000759's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥2.4B).
Debt to Equity History and Analysis
Debt Level: 000759's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: 000759's debt to equity ratio has increased from 8.3% to 68% over the past 5 years.
Debt Coverage: 000759's debt is well covered by operating cash flow (29.5%).
Interest Coverage: Insufficient data to determine if 000759's interest payments on its debt are well covered by EBIT.