Zoneco Group Balance Sheet Health
Financial Health criteria checks 1/6
Zoneco Group has a total shareholder equity of CN¥114.5M and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 1742.1%. Its total assets and total liabilities are CN¥2.3B and CN¥2.2B respectively. Zoneco Group's EBIT is CN¥80.2M making its interest coverage ratio 1.2. It has cash and short-term investments of CN¥594.4M.
Key information
1,742.1%
Debt to equity ratio
CN¥1.99b
Debt
Interest coverage ratio | 1.2x |
Cash | CN¥594.37m |
Equity | CN¥114.51m |
Total liabilities | CN¥2.21b |
Total assets | CN¥2.33b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002069's short term assets (CN¥1.6B) do not cover its short term liabilities (CN¥1.9B).
Long Term Liabilities: 002069's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥291.3M).
Debt to Equity History and Analysis
Debt Level: 002069's net debt to equity ratio (1223.1%) is considered high.
Reducing Debt: 002069's debt to equity ratio has increased from 682.2% to 1742.1% over the past 5 years.
Debt Coverage: 002069's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: 002069's interest payments on its debt are not well covered by EBIT (1.2x coverage).