Zhejiang Int'l GroupLtd Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Int'l GroupLtd has a total shareholder equity of CN¥4.9B and total debt of CN¥4.3B, which brings its debt-to-equity ratio to 88.3%. Its total assets and total liabilities are CN¥15.9B and CN¥11.0B respectively. Zhejiang Int'l GroupLtd's EBIT is CN¥913.1M making its interest coverage ratio -126.8. It has cash and short-term investments of CN¥1.6B.
Key information
88.3%
Debt to equity ratio
CN¥4.34b
Debt
| Interest coverage ratio | -126.8x |
| Cash | CN¥1.59b |
| Equity | CN¥4.91b |
| Total liabilities | CN¥11.00b |
| Total assets | CN¥15.91b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000411's short term assets (CN¥14.1B) exceed its short term liabilities (CN¥10.2B).
Long Term Liabilities: 000411's short term assets (CN¥14.1B) exceed its long term liabilities (CN¥847.5M).
Debt to Equity History and Analysis
Debt Level: 000411's net debt to equity ratio (56%) is considered high.
Reducing Debt: 000411's debt to equity ratio has reduced from 142.9% to 88.3% over the past 5 years.
Debt Coverage: 000411's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000411 earns more interest than it pays, so coverage of interest payments is not a concern.