Zhejiang NHU Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang NHU has a total shareholder equity of CN¥27.6B and total debt of CN¥9.7B, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are CN¥41.5B and CN¥13.9B respectively. Zhejiang NHU's EBIT is CN¥5.3B making its interest coverage ratio 54.6. It has cash and short-term investments of CN¥6.9B.
Key information
35.0%
Debt to equity ratio
CN¥9.67b
Debt
| Interest coverage ratio | 54.6x |
| Cash | CN¥6.88b |
| Equity | CN¥27.59b |
| Total liabilities | CN¥13.94b |
| Total assets | CN¥41.53b |
Recent financial health updates
Recent updates
Are Investors Undervaluing Zhejiang NHU Company Ltd. (SZSE:002001) By 26%?
Nov 09
The Returns At Zhejiang NHU (SZSE:002001) Aren't Growing
Sep 30Zhejiang NHU Company Ltd. (SZSE:002001) Doing What It Can To Lift Shares
Sep 10Here's Why Zhejiang NHU (SZSE:002001) Can Manage Its Debt Responsibly
Aug 08Zhejiang NHU's (SZSE:002001) Returns Have Hit A Wall
Jun 13Little Excitement Around Zhejiang NHU Company Ltd.'s (SZSE:002001) Earnings
May 22Financial Position Analysis
Short Term Liabilities: 002001's short term assets (CN¥15.2B) exceed its short term liabilities (CN¥6.0B).
Long Term Liabilities: 002001's short term assets (CN¥15.2B) exceed its long term liabilities (CN¥7.9B).
Debt to Equity History and Analysis
Debt Level: 002001's net debt to equity ratio (10.1%) is considered satisfactory.
Reducing Debt: 002001's debt to equity ratio has reduced from 44.3% to 35% over the past 5 years.
Debt Coverage: 002001's debt is well covered by operating cash flow (73.2%).
Interest Coverage: 002001's interest payments on its debt are well covered by EBIT (54.6x coverage).