Zheshang Securities Zhejiang Expressway Balance Sheet Health
Financial Health criteria checks 4/6
Zheshang Securities Zhejiang Expressway has a total shareholder equity of CN¥3.0B and total debt of CN¥394.3M, which brings its debt-to-equity ratio to 13%. Its total assets and total liabilities are CN¥4.0B and CN¥967.8M respectively. Zheshang Securities Zhejiang Expressway's EBIT is CN¥61.5M making its interest coverage ratio 7.9. It has cash and short-term investments of CN¥638.8M.
Key information
13.0%
Debt to equity ratio
CN¥394.30m
Debt
| Interest coverage ratio | 7.9x |
| Cash | CN¥638.76m |
| Equity | CN¥3.03b |
| Total liabilities | CN¥967.80m |
| Total assets | CN¥4.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 508001's short term assets (CN¥708.2M) do not cover its short term liabilities (CN¥925.8M).
Long Term Liabilities: 508001's short term assets (CN¥708.2M) exceed its long term liabilities (CN¥42.0M).
Debt to Equity History and Analysis
Debt Level: 508001 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 508001's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 508001's debt is well covered by operating cash flow (131.2%).
Interest Coverage: 508001's interest payments on its debt are well covered by EBIT (7.9x coverage).