Zanyu Technology Group Balance Sheet Health
Financial Health criteria checks 3/6
Zanyu Technology Group has a total shareholder equity of CN¥3.7B and total debt of CN¥2.8B, which brings its debt-to-equity ratio to 74%. Its total assets and total liabilities are CN¥8.0B and CN¥4.2B respectively. Zanyu Technology Group's EBIT is CN¥211.0M making its interest coverage ratio 2.3. It has cash and short-term investments of CN¥602.8M.
Key information
74.0%
Debt to equity ratio
CN¥2.75b
Debt
Interest coverage ratio | 2.3x |
Cash | CN¥602.80m |
Equity | CN¥3.72b |
Total liabilities | CN¥4.24b |
Total assets | CN¥7.97b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002637's short term assets (CN¥3.7B) exceed its short term liabilities (CN¥3.3B).
Long Term Liabilities: 002637's short term assets (CN¥3.7B) exceed its long term liabilities (CN¥992.6M).
Debt to Equity History and Analysis
Debt Level: 002637's net debt to equity ratio (57.8%) is considered high.
Reducing Debt: 002637's debt to equity ratio has increased from 48.1% to 74% over the past 5 years.
Debt Coverage: 002637's debt is well covered by operating cash flow (24.1%).
Interest Coverage: 002637's interest payments on its debt are not well covered by EBIT (2.3x coverage).