Guangxi Wuzhou Zhongheng GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Guangxi Wuzhou Zhongheng GroupLtd has a total shareholder equity of CN¥8.3B and total debt of CN¥1.8B, which brings its debt-to-equity ratio to 21.7%. Its total assets and total liabilities are CN¥11.7B and CN¥3.4B respectively. Guangxi Wuzhou Zhongheng GroupLtd's EBIT is CN¥39.6M making its interest coverage ratio -0.2. It has cash and short-term investments of CN¥3.7B.
Key information
21.7%
Debt to equity ratio
CN¥1.80b
Debt
| Interest coverage ratio | -0.2x |
| Cash | CN¥3.73b |
| Equity | CN¥8.30b |
| Total liabilities | CN¥3.40b |
| Total assets | CN¥11.70b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600252's short term assets (CN¥6.9B) exceed its short term liabilities (CN¥2.6B).
Long Term Liabilities: 600252's short term assets (CN¥6.9B) exceed its long term liabilities (CN¥811.3M).
Debt to Equity History and Analysis
Debt Level: 600252 has more cash than its total debt.
Reducing Debt: 600252's debt to equity ratio has increased from 0% to 21.7% over the past 5 years.
Debt Coverage: 600252's debt is well covered by operating cash flow (20.1%).
Interest Coverage: 600252 earns more interest than it pays, so coverage of interest payments is not a concern.