Zuming Bean Products Balance Sheet Health
Financial Health criteria checks 4/6
Zuming Bean Products has a total shareholder equity of CN¥1.1B and total debt of CN¥544.2M, which brings its debt-to-equity ratio to 51.1%. Its total assets and total liabilities are CN¥1.9B and CN¥802.3M respectively. Zuming Bean Products's EBIT is CN¥49.7M making its interest coverage ratio 2.7. It has cash and short-term investments of CN¥186.0M.
Key information
51.1%
Debt to equity ratio
CN¥544.22m
Debt
Interest coverage ratio | 2.7x |
Cash | CN¥185.96m |
Equity | CN¥1.06b |
Total liabilities | CN¥802.30m |
Total assets | CN¥1.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 003030's short term assets (CN¥433.0M) do not cover its short term liabilities (CN¥594.5M).
Long Term Liabilities: 003030's short term assets (CN¥433.0M) exceed its long term liabilities (CN¥207.8M).
Debt to Equity History and Analysis
Debt Level: 003030's net debt to equity ratio (33.7%) is considered satisfactory.
Reducing Debt: 003030's debt to equity ratio has reduced from 101.8% to 51.1% over the past 5 years.
Debt Coverage: 003030's debt is well covered by operating cash flow (45.7%).
Interest Coverage: 003030's interest payments on its debt are not well covered by EBIT (2.7x coverage).