Zhejiang Juhua Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Juhua has a total shareholder equity of CN¥17.9B and total debt of CN¥4.2B, which brings its debt-to-equity ratio to 23.3%. Its total assets and total liabilities are CN¥27.1B and CN¥9.2B respectively. Zhejiang Juhua's EBIT is CN¥1.3B making its interest coverage ratio -195.4. It has cash and short-term investments of CN¥1.8B.
Key information
23.3%
Debt to equity ratio
CN¥4.16b
Debt
| Interest coverage ratio | -195.4x |
| Cash | CN¥1.81b |
| Equity | CN¥17.88b |
| Total liabilities | CN¥9.18b |
| Total assets | CN¥27.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600160's short term assets (CN¥8.0B) exceed its short term liabilities (CN¥5.7B).
Long Term Liabilities: 600160's short term assets (CN¥8.0B) exceed its long term liabilities (CN¥3.5B).
Debt to Equity History and Analysis
Debt Level: 600160's net debt to equity ratio (13.2%) is considered satisfactory.
Reducing Debt: 600160's debt to equity ratio has increased from 0.4% to 23.3% over the past 5 years.
Debt Coverage: 600160's debt is well covered by operating cash flow (54.1%).
Interest Coverage: 600160 earns more interest than it pays, so coverage of interest payments is not a concern.