Zhejiang Sunriver Culture TourismLtd Balance Sheet Health
Financial Health criteria checks 3/6
Zhejiang Sunriver Culture TourismLtd has a total shareholder equity of CN¥3.0B and total debt of CN¥393.6M, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are CN¥4.1B and CN¥1.2B respectively. Zhejiang Sunriver Culture TourismLtd's EBIT is CN¥187.3M making its interest coverage ratio 7.1. It has cash and short-term investments of CN¥194.5M.
Key information
13.2%
Debt to equity ratio
CN¥393.63m
Debt
| Interest coverage ratio | 7.1x |
| Cash | CN¥194.46m |
| Equity | CN¥2.97b |
| Total liabilities | CN¥1.16b |
| Total assets | CN¥4.13b |
Recent financial health updates
Zhejiang Sunriver Culture TourismLtd (SHSE:600576) Has A Rock Solid Balance Sheet
Oct 16
Is Zhejiang Sunriver Culture TourismLtd (SHSE:600576) A Risky Investment?
May 27Recent updates
Zhejiang Sunriver Culture TourismLtd (SHSE:600576) Has A Rock Solid Balance Sheet
Oct 16Zhejiang Sunriver Culture Tourism Co.,Ltd.'s (SHSE:600576) P/E Is Still On The Mark Following 27% Share Price Bounce
Sep 30Investors Will Want Zhejiang Sunriver Culture TourismLtd's (SHSE:600576) Growth In ROCE To Persist
Aug 26Potential Upside For Zhejiang Sunriver Culture Tourism Co.,Ltd. (SHSE:600576) Not Without Risk
Jul 24Is Zhejiang Sunriver Culture TourismLtd (SHSE:600576) A Risky Investment?
May 27We Think That There Are Issues Underlying Zhejiang Sunriver CultureLtd's (SHSE:600576) Earnings
Apr 05Is Now The Time To Put Zhejiang Sunriver CultureLtd (SHSE:600576) On Your Watchlist?
Mar 22Financial Position Analysis
Short Term Liabilities: 600576's short term assets (CN¥491.7M) do not cover its short term liabilities (CN¥657.1M).
Long Term Liabilities: 600576's short term assets (CN¥491.7M) do not cover its long term liabilities (CN¥502.0M).
Debt to Equity History and Analysis
Debt Level: 600576's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: 600576's debt to equity ratio has increased from 2.9% to 13.2% over the past 5 years.
Debt Coverage: 600576's debt is well covered by operating cash flow (65.2%).
Interest Coverage: 600576's interest payments on its debt are well covered by EBIT (7.1x coverage).