Zanyu Technology Group Balance Sheet Health
Financial Health criteria checks 3/6
Zanyu Technology Group has a total shareholder equity of CN¥3.8B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 69.3%. Its total assets and total liabilities are CN¥8.1B and CN¥4.3B respectively. Zanyu Technology Group's EBIT is CN¥223.8M making its interest coverage ratio 1.7. It has cash and short-term investments of CN¥677.2M.
Key information
69.3%
Debt to equity ratio
CN¥2.62b
Debt
| Interest coverage ratio | 1.7x |
| Cash | CN¥677.22m |
| Equity | CN¥3.78b |
| Total liabilities | CN¥4.31b |
| Total assets | CN¥8.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002637's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥3.5B).
Long Term Liabilities: 002637's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥859.7M).
Debt to Equity History and Analysis
Debt Level: 002637's net debt to equity ratio (51.4%) is considered high.
Reducing Debt: 002637's debt to equity ratio has increased from 42.3% to 69.3% over the past 5 years.
Debt Coverage: 002637's debt is well covered by operating cash flow (28.7%).
Interest Coverage: 002637's interest payments on its debt are not well covered by EBIT (1.7x coverage).