Zoneco Group Balance Sheet Health
Financial Health criteria checks 1/6
Zoneco Group has a total shareholder equity of CN¥98.0M and total debt of CN¥2.0B, which brings its debt-to-equity ratio to 2002.8%. Its total assets and total liabilities are CN¥2.3B and CN¥2.2B respectively. Zoneco Group's EBIT is CN¥21.7M making its interest coverage ratio 0.3. It has cash and short-term investments of CN¥499.5M.
Key information
2,002.8%
Debt to equity ratio
CN¥1.96b
Debt
| Interest coverage ratio | 0.3x |
| Cash | CN¥499.45m |
| Equity | CN¥97.99m |
| Total liabilities | CN¥2.19b |
| Total assets | CN¥2.29b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002069's short term assets (CN¥1.5B) do not cover its short term liabilities (CN¥2.1B).
Long Term Liabilities: 002069's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥66.3M).
Debt to Equity History and Analysis
Debt Level: 002069's net debt to equity ratio (1493.1%) is considered high.
Reducing Debt: 002069's debt to equity ratio has increased from 609.7% to 2002.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 002069 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 002069 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.