Zhejiang Huayou CobaltLtd Financial Health

Short Term Liabilities: 603799's short term assets (CN¥48.2B) exceed its short term liabilities (CN¥48.1B).

Long Term Liabilities: 603799's short term assets (CN¥48.2B) exceed its long term liabilities (CN¥23.5B).

Debt Level: 603799's net debt to equity ratio (71.4%) is considered high.

Reducing Debt: 603799's debt to equity ratio has increased from 118.8% to 125.9% over the past 5 years.

Debt Coverage: 603799's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 603799 earns more interest than it pays, so coverage of interest payments is not a concern.

• Healthy companies in the Materials industry.