Zhongrun Resources Investment Balance Sheet Health
Financial Health criteria checks 3/6
Zhongrun Resources Investment has a total shareholder equity of CN¥1.3B and total debt of CN¥169.0M, which brings its debt-to-equity ratio to 13%. Its total assets and total liabilities are CN¥2.3B and CN¥1.0B respectively.
Key information
13.0%
Debt to equity ratio
CN¥168.98m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥5.00m |
| Equity | CN¥1.30b |
| Total liabilities | CN¥1.02b |
| Total assets | CN¥2.32b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000506's short term assets (CN¥215.0M) do not cover its short term liabilities (CN¥936.7M).
Long Term Liabilities: 000506's short term assets (CN¥215.0M) exceed its long term liabilities (CN¥83.2M).
Debt to Equity History and Analysis
Debt Level: 000506's net debt to equity ratio (12.7%) is considered satisfactory.
Reducing Debt: 000506's debt to equity ratio has reduced from 37.8% to 13% over the past 5 years.
Debt Coverage: 000506's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 000506's interest payments on its debt are well covered by EBIT.