Zhongjin Irradiation Balance Sheet Health
Financial Health criteria checks 6/6
Zhongjin Irradiation has a total shareholder equity of CN¥981.2M and total debt of CN¥2.1M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CN¥1.1B and CN¥145.6M respectively. Zhongjin Irradiation's EBIT is CN¥124.0M making its interest coverage ratio -35. It has cash and short-term investments of CN¥362.0M.
Key information
0.2%
Debt to equity ratio
CN¥2.11m
Debt
Interest coverage ratio | -35x |
Cash | CN¥362.01m |
Equity | CN¥981.24m |
Total liabilities | CN¥145.60m |
Total assets | CN¥1.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300962's short term assets (CN¥439.5M) exceed its short term liabilities (CN¥45.3M).
Long Term Liabilities: 300962's short term assets (CN¥439.5M) exceed its long term liabilities (CN¥100.3M).
Debt to Equity History and Analysis
Debt Level: 300962 has more cash than its total debt.
Reducing Debt: 300962's debt to equity ratio has reduced from 9.3% to 0.2% over the past 5 years.
Debt Coverage: 300962's debt is well covered by operating cash flow (9114.4%).
Interest Coverage: 300962 earns more interest than it pays, so coverage of interest payments is not a concern.