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¥569.3M, which brings its debt-to-equity ratio to 30.2%. Its total assets and total liabilities are CN¥3.1B and CN¥1.2B respectively. ZYF Lopsking Aluminum's EBIT is CN¥41.6M making its interest coverage ratio 5.3. It has cash and short-term investments of CN¥479.4M.
Key information
30.2%
Debt to equity ratio
CN¥569.26m
Debt
| Interest coverage ratio | 5.3x |
| Cash | CN¥479.44m |
| Equity | CN¥1.89b |
| Total liabilities | CN¥1.23b |
| Total assets | CN¥3.12b |
Recent financial health updates
Recent updates
ZYF Lopsking Aluminum (SZSE:002333) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 04
ZYF Lopsking Aluminum (SZSE:002333) Has A Pretty Healthy Balance Sheet
Jun 07ZYF Lopsking Aluminum Co., Ltd. (SZSE:002333) Stocks Shoot Up 30% But Its P/S Still Looks Reasonable
Mar 08ZYF Lopsking Aluminum (SZSE:002333) Might Have The Makings Of A Multi-Bagger
Feb 27Financial 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¥129.0M).
Debt to Equity History and Analysis
Debt Level: 002333's net debt to equity ratio (4.8%) is considered satisfactory.
Reducing Debt: 002333's debt to equity ratio has increased from 0% to 30.2% over the past 5 years.
Debt Coverage: 002333's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002333's interest payments on its debt are well covered by EBIT (5.3x coverage).