Zhejiang Sunriver Culture TourismLtd Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Sunriver Culture TourismLtd has a total shareholder equity of CN¥2.8B and total debt of CN¥377.4M, which brings its debt-to-equity ratio to 13.3%. Its total assets and total liabilities are CN¥3.7B and CN¥879.0M respectively. Zhejiang Sunriver Culture TourismLtd's EBIT is CN¥158.7M making its interest coverage ratio 37.5. It has cash and short-term investments of CN¥430.0M.
Key information
13.3%
Debt to equity ratio
CN¥377.43m
Debt
Interest coverage ratio | 37.5x |
Cash | CN¥430.02m |
Equity | CN¥2.83b |
Total liabilities | CN¥878.99m |
Total assets | CN¥3.71b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600576's short term assets (CN¥700.7M) exceed its short term liabilities (CN¥335.3M).
Long Term Liabilities: 600576's short term assets (CN¥700.7M) exceed its long term liabilities (CN¥543.7M).
Debt to Equity History and Analysis
Debt Level: 600576 has more cash than its total debt.
Reducing Debt: 600576's debt to equity ratio has increased from 3% to 13.3% over the past 5 years.
Debt Coverage: 600576's debt is well covered by operating cash flow (58.3%).
Interest Coverage: 600576's interest payments on its debt are well covered by EBIT (37.5x coverage).