Zhejiang Juhua Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Juhua has a total shareholder equity of CN¥18.4B and total debt of CN¥4.2B, which brings its debt-to-equity ratio to 23%. Its total assets and total liabilities are CN¥27.8B and CN¥9.4B respectively. Zhejiang Juhua's EBIT is CN¥1.7B making its interest coverage ratio 55.3. It has cash and short-term investments of CN¥1.4B.
Key information
23.0%
Debt to equity ratio
CN¥4.22b
Debt
| Interest coverage ratio | 55.3x |
| Cash | CN¥1.40b |
| Equity | CN¥18.37b |
| Total liabilities | CN¥9.41b |
| Total assets | CN¥27.77b |
Recent financial health updates
Recent updates
Zhejiang Juhua Co., Ltd.'s (SHSE:600160) 27% Jump Shows Its Popularity With Investors
Sep 27
Is Zhejiang Juhua (SHSE:600160) Using Too Much Debt?
Aug 11What You Can Learn From Zhejiang Juhua Co., Ltd.'s (SHSE:600160) P/E
Jul 05Zhejiang Juhua (SHSE:600160) Is Reinvesting At Lower Rates Of Return
May 13We Think That There Are More Issues For Zhejiang Juhua (SHSE:600160) Than Just Sluggish Earnings
Apr 24Financial Position Analysis
Short Term Liabilities: 600160's short term assets (CN¥8.2B) exceed its short term liabilities (CN¥6.0B).
Long Term Liabilities: 600160's short term assets (CN¥8.2B) exceed its long term liabilities (CN¥3.4B).
Debt to Equity History and Analysis
Debt Level: 600160's net debt to equity ratio (15.3%) is considered satisfactory.
Reducing Debt: 600160's debt to equity ratio has increased from 0.5% to 23% over the past 5 years.
Debt Coverage: 600160's debt is well covered by operating cash flow (54.4%).
Interest Coverage: 600160's interest payments on its debt are well covered by EBIT (55.3x coverage).