Zhongtai Securities Balance Sheet Health
Financial Health criteria checks 4/6
Zhongtai Securities has a total shareholder equity of CN¥42.7B and total debt of CN¥90.9B, which brings its debt-to-equity ratio to 213.1%. Its total assets and total liabilities are CN¥203.7B and CN¥161.0B respectively.
Key information
213.1%
Debt to equity ratio
CN¥90.91b
Debt
Interest coverage ratio | n/a |
Cash | CN¥109.92b |
Equity | CN¥42.67b |
Total liabilities | CN¥161.01b |
Total assets | CN¥203.68b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600918's short term assets (CN¥163.3B) exceed its short term liabilities (CN¥111.5B).
Long Term Liabilities: 600918's short term assets (CN¥163.3B) exceed its long term liabilities (CN¥49.5B).
Debt to Equity History and Analysis
Debt Level: 600918 has more cash than its total debt.
Reducing Debt: 600918's debt to equity ratio has reduced from 231% to 213.1% over the past 5 years.
Debt Coverage: 600918's debt is not well covered by operating cash flow (3.9%).
Interest Coverage: Insufficient data to determine if 600918's interest payments on its debt are well covered by EBIT.