Zanyu Technology Group Balance Sheet Health
Financial Health criteria checks 2/6
Zanyu Technology Group has a total shareholder equity of CN¥3.7B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 71.3%. Its total assets and total liabilities are CN¥7.7B and CN¥4.1B respectively. Zanyu Technology Group's EBIT is CN¥215.5M making its interest coverage ratio 1.9. It has cash and short-term investments of CN¥413.0M.
Key information
71.3%
Debt to equity ratio
CN¥2.61b
Debt
| Interest coverage ratio | 1.9x |
| Cash | CN¥413.03m |
| Equity | CN¥3.66b |
| Total liabilities | CN¥4.09b |
| Total assets | CN¥7.75b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 002637's short term assets (CN¥3.5B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 002637's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥973.9M).
Debt to Equity History and Analysis
Debt Level: 002637's net debt to equity ratio (60%) is considered high.
Reducing Debt: 002637's debt to equity ratio has increased from 48.1% to 71.3% over the past 5 years.
Debt Coverage: 002637's debt is not well covered by operating cash flow (18.4%).
Interest Coverage: 002637's interest payments on its debt are not well covered by EBIT (1.9x coverage).