Zhejiang Jihua Group Balance Sheet Health
Financial Health criteria checks 3/6
Zhejiang Jihua Group has a total shareholder equity of CN¥4.0B and total debt of CN¥71.5M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are CN¥4.6B and CN¥560.4M respectively.
Key information
1.8%
Debt to equity ratio
CN¥71.49m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.30b |
| Equity | CN¥3.99b |
| Total liabilities | CN¥560.36m |
| Total assets | CN¥4.55b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603980's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥496.6M).
Long Term Liabilities: 603980's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥63.8M).
Debt to Equity History and Analysis
Debt Level: 603980 has more cash than its total debt.
Reducing Debt: 603980's debt to equity ratio has increased from 0% to 1.8% over the past 5 years.
Debt Coverage: 603980's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 603980's interest payments on its debt are well covered by EBIT.