ZYF Lopsking Aluminum Balance Sheet Health
Financial Health criteria checks 4/6
ZYF Lopsking Aluminum has a total shareholder equity of CN¥1.9B and total debt of CN¥565.1M, which brings its debt-to-equity ratio to 29.2%. Its total assets and total liabilities are CN¥3.2B and CN¥1.2B respectively. ZYF Lopsking Aluminum's EBIT is CN¥87.6M making its interest coverage ratio -13.4. It has cash and short-term investments of CN¥541.8M.
Key information
29.2%
Debt to equity ratio
CN¥565.07m
Debt
Interest coverage ratio | -13.4x |
Cash | CN¥541.84m |
Equity | CN¥1.93b |
Total liabilities | CN¥1.25b |
Total assets | CN¥3.18b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002333's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 002333's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥163.5M).
Debt to Equity History and Analysis
Debt Level: 002333's net debt to equity ratio (1.2%) is considered satisfactory.
Reducing Debt: 002333's debt to equity ratio has increased from 0% to 29.2% over the past 5 years.
Debt Coverage: 002333's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002333 earns more interest than it pays, so coverage of interest payments is not a concern.