Ningbo Zhongbai Balance Sheet Health
Financial Health criteria checks 6/6
Ningbo Zhongbai has a total shareholder equity of CN¥851.4M and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥975.5M and CN¥124.2M respectively. Ningbo Zhongbai's EBIT is CN¥136.8M making its interest coverage ratio -7.4. It has cash and short-term investments of CN¥500.6M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
Interest coverage ratio | -7.4x |
Cash | CN¥500.65m |
Equity | CN¥851.36m |
Total liabilities | CN¥124.15m |
Total assets | CN¥975.51m |
Recent financial health updates
No updates
Recent updates
Ningbo Zhongbai's (SHSE:600857) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 11Investors Will Want Ningbo Zhongbai's (SHSE:600857) Growth In ROCE To Persist
Jun 06Some May Be Optimistic About Ningbo Zhongbai's (SHSE:600857) Earnings
May 06Why We're Not Concerned About Ningbo Zhongbai Co., Ltd.'s (SHSE:600857) Share Price
Apr 22Financial Position Analysis
Short Term Liabilities: 600857's short term assets (CN¥560.4M) exceed its short term liabilities (CN¥97.0M).
Long Term Liabilities: 600857's short term assets (CN¥560.4M) exceed its long term liabilities (CN¥27.2M).
Debt to Equity History and Analysis
Debt Level: 600857 is debt free.
Reducing Debt: 600857 has not had any debt for past 5 years.
Debt Coverage: 600857 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 600857 has no debt, therefore coverage of interest payments is not a concern.