Fujian Zhangzhou DevelopmentLTD Balance Sheet Health
Financial Health criteria checks 0/6
Fujian Zhangzhou DevelopmentLTD has a total shareholder equity of CN¥3.0B and total debt of CN¥4.2B, which brings its debt-to-equity ratio to 138.3%. Its total assets and total liabilities are CN¥10.3B and CN¥7.3B respectively.
Key information
138.3%
Debt to equity ratio
CN¥4.21b
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥453.92m |
| Equity | CN¥3.05b |
| Total liabilities | CN¥7.29b |
| Total assets | CN¥10.34b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 000753's short term assets (CN¥2.8B) do not cover its short term liabilities (CN¥4.3B).
Long Term Liabilities: 000753's short term assets (CN¥2.8B) do not cover its long term liabilities (CN¥3.0B).
Debt to Equity History and Analysis
Debt Level: 000753's net debt to equity ratio (123.4%) is considered high.
Reducing Debt: 000753's debt to equity ratio has increased from 44.1% to 138.3% over the past 5 years.
Debt Coverage: 000753's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 000753's interest payments on its debt are well covered by EBIT.