Zhejiang Orient Financial Holdings Group Balance Sheet Health
Financial Health criteria checks 3/6
Zhejiang Orient Financial Holdings Group has a total shareholder equity of CN¥17.6B and total debt of CN¥6.9B, which brings its debt-to-equity ratio to 39.1%. Its total assets and total liabilities are CN¥39.6B and CN¥22.0B respectively.
Key information
39.1%
Debt to equity ratio
CN¥6.89b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥12.17b |
| Equity | CN¥17.61b |
| Total liabilities | CN¥22.00b |
| Total assets | CN¥39.61b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600120's short term assets (CN¥16.4B) exceed its short term liabilities (CN¥12.0B).
Long Term Liabilities: 600120's short term assets (CN¥16.4B) exceed its long term liabilities (CN¥10.0B).
Debt to Equity History and Analysis
Debt Level: 600120 has more cash than its total debt.
Reducing Debt: 600120's debt to equity ratio has increased from 25.2% to 39.1% over the past 5 years.
Debt Coverage: 600120's debt is not well covered by operating cash flow (6%).
Interest Coverage: Insufficient data to determine if 600120's interest payments on its debt are well covered by EBIT.