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¥17.3B and total debt of CN¥5.1B, which brings its debt-to-equity ratio to 29.3%. Its total assets and total liabilities are CN¥41.7B and CN¥24.4B respectively.
Key information
29.3%
Debt to equity ratio
CN¥5.06b
Debt
Interest coverage ratio | n/a |
Cash | CN¥12.53b |
Equity | CN¥17.27b |
Total liabilities | CN¥24.43b |
Total assets | CN¥41.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600120's short term assets (CN¥17.9B) exceed its short term liabilities (CN¥11.7B).
Long Term Liabilities: 600120's short term assets (CN¥17.9B) exceed its long term liabilities (CN¥12.7B).
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 24.9% to 29.3% over the past 5 years.
Debt Coverage: 600120's debt is not well covered by operating cash flow (7.9%).
Interest Coverage: Insufficient data to determine if 600120's interest payments on its debt are well covered by EBIT.