Zhejiang Jihua Group Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Jihua Group has a total shareholder equity of CN¥3.9B and total debt of CN¥120.0M, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are CN¥4.5B and CN¥621.0M respectively.
Key information
3.1%
Debt to equity ratio
CN¥120.02m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥1.43b |
| Equity | CN¥3.89b |
| Total liabilities | CN¥620.98m |
| Total assets | CN¥4.51b |
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¥559.1M).
Long Term Liabilities: 603980's short term assets (CN¥3.0B) exceed its long term liabilities (CN¥61.9M).
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 3.1% over the past 5 years.
Debt Coverage: 603980's debt is well covered by operating cash flow (47.5%).
Interest Coverage: Insufficient data to determine if 603980's interest payments on its debt are well covered by EBIT.