Zhewen Interactive Group Balance Sheet Health
Financial Health criteria checks 4/6
Zhewen Interactive Group has a total shareholder equity of CN¥5.2B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are CN¥8.3B and CN¥3.2B respectively. Zhewen Interactive Group's EBIT is CN¥75.2M making its interest coverage ratio -10.1. It has cash and short-term investments of CN¥948.2M.
Key information
23.1%
Debt to equity ratio
CN¥1.20b
Debt
| Interest coverage ratio | -10.1x |
| Cash | CN¥948.16m |
| Equity | CN¥5.18b |
| Total liabilities | CN¥3.16b |
| Total assets | CN¥8.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 600986's short term assets (CN¥6.3B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 600986's short term assets (CN¥6.3B) exceed its long term liabilities (CN¥85.8M).
Debt to Equity History and Analysis
Debt Level: 600986's net debt to equity ratio (4.8%) is considered satisfactory.
Reducing Debt: 600986's debt to equity ratio has increased from 12.5% to 23.1% over the past 5 years.
Debt Coverage: 600986's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600986 earns more interest than it pays, so coverage of interest payments is not a concern.