Zhejiang Jiahua Energy Chemical IndustryLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Jiahua Energy Chemical IndustryLtd has a total shareholder equity of CN¥10.0B and total debt of CN¥518.1M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are CN¥12.8B and CN¥2.8B respectively. Zhejiang Jiahua Energy Chemical IndustryLtd's EBIT is CN¥1.1B making its interest coverage ratio -30.5. It has cash and short-term investments of CN¥712.3M.
Key information
5.2%
Debt to equity ratio
CN¥518.10m
Debt
| Interest coverage ratio | -30.5x |
| Cash | CN¥712.32m |
| Equity | CN¥9.98b |
| Total liabilities | CN¥2.82b |
| Total assets | CN¥12.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600273's short term assets (CN¥3.5B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 600273's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥348.1M).
Debt to Equity History and Analysis
Debt Level: 600273 has more cash than its total debt.
Reducing Debt: 600273's debt to equity ratio has reduced from 5.9% to 5.2% over the past 5 years.
Debt Coverage: 600273's debt is well covered by operating cash flow (202.1%).
Interest Coverage: 600273 earns more interest than it pays, so coverage of interest payments is not a concern.