Zheshang Securities Zhejiang Expressway Balance Sheet Health
Financial Health criteria checks 2/6
Zheshang Securities Zhejiang Expressway has a total shareholder equity of CN¥3.4B and total debt of CN¥392.3M, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are CN¥3.9B and CN¥509.8M respectively.
Key information
11.4%
Debt to equity ratio
CN¥392.35m
Debt
Interest coverage ratio | n/a |
Cash | CN¥164.68m |
Equity | CN¥3.43b |
Total liabilities | CN¥509.82m |
Total assets | CN¥3.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 508001's short term assets (CN¥206.4M) do not cover its short term liabilities (CN¥470.2M).
Long Term Liabilities: 508001's short term assets (CN¥206.4M) exceed its long term liabilities (CN¥39.6M).
Debt to Equity History and Analysis
Debt Level: 508001's net debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 508001's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 508001 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 508001 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.