Zhejiang Great SoutheastLtd Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Great SoutheastLtd has a total shareholder equity of CN¥2.7B and total debt of CN¥222.4M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are CN¥3.1B and CN¥415.6M respectively.
Key information
8.2%
Debt to equity ratio
CN¥222.43m
Debt
Interest coverage ratio | n/a |
Cash | CN¥1.18b |
Equity | CN¥2.73b |
Total liabilities | CN¥415.58m |
Total assets | CN¥3.14b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 002263's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥364.3M).
Long Term Liabilities: 002263's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥51.3M).
Debt to Equity History and Analysis
Debt Level: 002263 has more cash than its total debt.
Reducing Debt: 002263's debt to equity ratio has reduced from 29.2% to 8.2% over the past 5 years.
Debt Coverage: 002263's debt is not well covered by operating cash flow (16.5%).
Interest Coverage: Insufficient data to determine if 002263's interest payments on its debt are well covered by EBIT.