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¥167.3M, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are CN¥2.3B and CN¥1.1B respectively.
Key information
13.2%
Debt to equity ratio
CN¥167.28m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥8.37m |
| Equity | CN¥1.27b |
| Total liabilities | CN¥1.08b |
| Total assets | CN¥2.35b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000506's short term assets (CN¥234.2M) do not cover its short term liabilities (CN¥988.4M).
Long Term Liabilities: 000506's short term assets (CN¥234.2M) exceed its long term liabilities (CN¥87.5M).
Debt to Equity History and Analysis
Debt Level: 000506's net debt to equity ratio (12.5%) is considered satisfactory.
Reducing Debt: 000506's debt to equity ratio has reduced from 57.1% to 13.2% 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.