Inzone GroupLtd Balance Sheet Health
Financial Health criteria checks 2/6
Inzone GroupLtd has a total shareholder equity of CN¥2.7B and total debt of CN¥4.0B, which brings its debt-to-equity ratio to 147.8%. Its total assets and total liabilities are CN¥11.9B and CN¥9.2B respectively. Inzone GroupLtd's EBIT is CN¥459.1M making its interest coverage ratio 1.8. It has cash and short-term investments of CN¥2.9B.
Key information
147.8%
Debt to equity ratio
CN¥4.05b
Debt
| Interest coverage ratio | 1.8x |
| Cash | CN¥2.90b |
| Equity | CN¥2.74b |
| Total liabilities | CN¥9.21b |
| Total assets | CN¥11.95b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600858's short term assets (CN¥4.1B) do not cover its short term liabilities (CN¥6.9B).
Long Term Liabilities: 600858's short term assets (CN¥4.1B) exceed its long term liabilities (CN¥2.3B).
Debt to Equity History and Analysis
Debt Level: 600858's net debt to equity ratio (41.7%) is considered high.
Reducing Debt: 600858's debt to equity ratio has increased from 132.5% to 147.8% over the past 5 years.
Debt Coverage: 600858's debt is well covered by operating cash flow (25.6%).
Interest Coverage: 600858's interest payments on its debt are not well covered by EBIT (1.8x coverage).