Zhejiang Huayou CobaltLtd Financial Health
How is Zhejiang Huayou CobaltLtd's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
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 to Equity History and Analysis
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.