Zhejiang NHU Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang NHU has a total shareholder equity of CN¥25.8B and total debt of CN¥9.7B, which brings its debt-to-equity ratio to 37.6%. Its total assets and total liabilities are CN¥39.6B and CN¥13.8B respectively. Zhejiang NHU's EBIT is CN¥3.5B making its interest coverage ratio 26.5. It has cash and short-term investments of CN¥4.7B.
Key information
37.6%
Debt to equity ratio
CN¥9.70b
Debt
Interest coverage ratio | 26.5x |
Cash | CN¥4.68b |
Equity | CN¥25.80b |
Total liabilities | CN¥13.81b |
Total assets | CN¥39.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002001's short term assets (CN¥13.1B) exceed its short term liabilities (CN¥4.9B).
Long Term Liabilities: 002001's short term assets (CN¥13.1B) exceed its long term liabilities (CN¥8.9B).
Debt to Equity History and Analysis
Debt Level: 002001's net debt to equity ratio (19.5%) is considered satisfactory.
Reducing Debt: 002001's debt to equity ratio has increased from 22.6% to 37.6% over the past 5 years.
Debt Coverage: 002001's debt is well covered by operating cash flow (53.7%).
Interest Coverage: 002001's interest payments on its debt are well covered by EBIT (26.5x coverage).