Zhe Jiang Li Zi Yuan FoodLtd Balance Sheet Health
Financial Health criteria checks 5/6
Zhe Jiang Li Zi Yuan FoodLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥578.4M, which brings its debt-to-equity ratio to 36.1%. Its total assets and total liabilities are CN¥2.8B and CN¥1.2B respectively. Zhe Jiang Li Zi Yuan FoodLtd's EBIT is CN¥182.8M making its interest coverage ratio -8.3. It has cash and short-term investments of CN¥909.4M.
Key information
36.1%
Debt to equity ratio
CN¥578.41m
Debt
| Interest coverage ratio | -8.3x |
| Cash | CN¥909.40m |
| Equity | CN¥1.60b |
| Total liabilities | CN¥1.25b |
| Total assets | CN¥2.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 605337's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥579.5M).
Long Term Liabilities: 605337's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥665.8M).
Debt to Equity History and Analysis
Debt Level: 605337 has more cash than its total debt.
Reducing Debt: 605337's debt to equity ratio has increased from 0.3% to 36.1% over the past 5 years.
Debt Coverage: 605337's debt is well covered by operating cash flow (72%).
Interest Coverage: 605337 earns more interest than it pays, so coverage of interest payments is not a concern.