Zhuzhou Smelter GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Zhuzhou Smelter GroupLtd has a total shareholder equity of CN¥3.9B and total debt of CN¥2.6B, which brings its debt-to-equity ratio to 66.9%. Its total assets and total liabilities are CN¥8.7B and CN¥4.8B respectively. Zhuzhou Smelter GroupLtd's EBIT is CN¥816.0M making its interest coverage ratio 10.1. It has cash and short-term investments of CN¥732.5M.
Key information
66.9%
Debt to equity ratio
CN¥2.62b
Debt
| Interest coverage ratio | 10.1x |
| Cash | CN¥732.50m |
| Equity | CN¥3.91b |
| Total liabilities | CN¥4.83b |
| Total assets | CN¥8.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600961's short term assets (CN¥3.5B) exceed its short term liabilities (CN¥3.4B).
Long Term Liabilities: 600961's short term assets (CN¥3.5B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 600961's net debt to equity ratio (48.2%) is considered high.
Reducing Debt: 600961's debt to equity ratio has reduced from 721.4% to 66.9% over the past 5 years.
Debt Coverage: 600961's debt is well covered by operating cash flow (44.4%).
Interest Coverage: 600961's interest payments on its debt are well covered by EBIT (10.1x coverage).