Huludao Zinc IndustryLtd Balance Sheet Health
Financial Health criteria checks 3/6
Huludao Zinc IndustryLtd has a total shareholder equity of CN¥3.6B and total debt of CN¥2.4B, which brings its debt-to-equity ratio to 68.3%. Its total assets and total liabilities are CN¥9.0B and CN¥5.4B respectively. Huludao Zinc IndustryLtd's EBIT is CN¥274.4M making its interest coverage ratio 1.5. It has cash and short-term investments of CN¥2.0B.
Key information
68.3%
Debt to equity ratio
CN¥2.45b
Debt
| Interest coverage ratio | 1.5x |
| Cash | CN¥1.95b |
| Equity | CN¥3.58b |
| Total liabilities | CN¥5.37b |
| Total assets | CN¥8.96b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000751's short term assets (CN¥6.2B) exceed its short term liabilities (CN¥5.2B).
Long Term Liabilities: 000751's short term assets (CN¥6.2B) exceed its long term liabilities (CN¥181.0M).
Debt to Equity History and Analysis
Debt Level: 000751's net debt to equity ratio (13.7%) is considered satisfactory.
Reducing Debt: 000751's debt to equity ratio has increased from 42% to 68.3% over the past 5 years.
Debt Coverage: 000751's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000751's interest payments on its debt are not well covered by EBIT (1.5x coverage).