Zuming Bean Products Balance Sheet Health
Financial Health criteria checks 2/6
Zuming Bean Products has a total shareholder equity of CN¥1.0B and total debt of CN¥790.4M, which brings its debt-to-equity ratio to 78%. Its total assets and total liabilities are CN¥2.1B and CN¥1.1B respectively. Zuming Bean Products's EBIT is CN¥21.7M making its interest coverage ratio 0.9. It has cash and short-term investments of CN¥180.8M.
Key information
78.0%
Debt to equity ratio
CN¥790.42m
Debt
| Interest coverage ratio | 0.9x |
| Cash | CN¥180.77m |
| Equity | CN¥1.01b |
| Total liabilities | CN¥1.10b |
| Total assets | CN¥2.12b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 003030's short term assets (CN¥516.7M) do not cover its short term liabilities (CN¥876.4M).
Long Term Liabilities: 003030's short term assets (CN¥516.7M) exceed its long term liabilities (CN¥226.4M).
Debt to Equity History and Analysis
Debt Level: 003030's net debt to equity ratio (60.2%) is considered high.
Reducing Debt: 003030's debt to equity ratio has reduced from 78.3% to 78% over the past 5 years.
Debt Coverage: 003030's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: 003030's interest payments on its debt are not well covered by EBIT (0.9x coverage).