Zhejiang Juhua Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Juhua has a total shareholder equity of CN¥17.6B and total debt of CN¥3.8B, which brings its debt-to-equity ratio to 21.6%. Its total assets and total liabilities are CN¥26.6B and CN¥9.0B respectively. Zhejiang Juhua's EBIT is CN¥999.8M making its interest coverage ratio -13.7. It has cash and short-term investments of CN¥2.0B.
Key information
21.6%
Debt to equity ratio
CN¥3.79b
Debt
Interest coverage ratio | -13.7x |
Cash | CN¥1.96b |
Equity | CN¥17.58b |
Total liabilities | CN¥9.03b |
Total assets | CN¥26.61b |
Recent financial health updates
Recent updates
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¥7.6B) exceed its short term liabilities (CN¥5.9B).
Long Term Liabilities: 600160's short term assets (CN¥7.6B) exceed its long term liabilities (CN¥3.1B).
Debt to Equity History and Analysis
Debt Level: 600160's net debt to equity ratio (10.4%) is considered satisfactory.
Reducing Debt: 600160's debt to equity ratio has increased from 1% to 21.6% over the past 5 years.
Debt Coverage: 600160's debt is well covered by operating cash flow (63.4%).
Interest Coverage: 600160 earns more interest than it pays, so coverage of interest payments is not a concern.