Zhangjiagang Zhonghuan Hailu High-End Equipment Balance Sheet Health
Financial Health criteria checks 4/6
Zhangjiagang Zhonghuan Hailu High-End Equipment has a total shareholder equity of CN¥1.0B and total debt of CN¥305.9M, which brings its debt-to-equity ratio to 30.5%. Its total assets and total liabilities are CN¥1.6B and CN¥591.3M respectively.
Key information
30.5%
Debt to equity ratio
CN¥305.91m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥368.68m |
| Equity | CN¥1.00b |
| Total liabilities | CN¥591.29m |
| Total assets | CN¥1.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301040's short term assets (CN¥892.8M) exceed its short term liabilities (CN¥270.7M).
Long Term Liabilities: 301040's short term assets (CN¥892.8M) exceed its long term liabilities (CN¥320.6M).
Debt to Equity History and Analysis
Debt Level: 301040 has more cash than its total debt.
Reducing Debt: 301040's debt to equity ratio has increased from 9.1% to 30.5% over the past 5 years.
Debt Coverage: 301040's debt is well covered by operating cash flow (44.8%).
Interest Coverage: Insufficient data to determine if 301040's interest payments on its debt are well covered by EBIT.