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¥972.0M and total debt of CN¥310.7M, which brings its debt-to-equity ratio to 32%. Its total assets and total liabilities are CN¥1.6B and CN¥659.1M respectively.
Key information
32.0%
Debt to equity ratio
CN¥310.74m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥358.58m |
| Equity | CN¥972.04m |
| Total liabilities | CN¥659.07m |
| Total assets | CN¥1.63b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301040's short term assets (CN¥918.6M) exceed its short term liabilities (CN¥322.6M).
Long Term Liabilities: 301040's short term assets (CN¥918.6M) exceed its long term liabilities (CN¥336.5M).
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 8.2% to 32% over the past 5 years.
Debt Coverage: 301040's debt is well covered by operating cash flow (27%).
Interest Coverage: Insufficient data to determine if 301040's interest payments on its debt are well covered by EBIT.