ZTE Balance Sheet Health
Financial Health criteria checks 6/6
ZTE has a total shareholder equity of CN¥72.6B and total debt of CN¥56.9B, which brings its debt-to-equity ratio to 78.3%. Its total assets and total liabilities are CN¥199.7B and CN¥127.1B respectively. ZTE's EBIT is CN¥10.5B making its interest coverage ratio -9.4. It has cash and short-term investments of CN¥60.9B.
Key information
78.3%
Debt to equity ratio
CN¥56.88b
Debt
| Interest coverage ratio | -9.4x |
| Cash | CN¥60.94b |
| Equity | CN¥72.64b |
| Total liabilities | CN¥127.06b |
| Total assets | CN¥199.69b |
Recent financial health updates
Here's Why ZTE (SZSE:000063) Can Manage Its Debt Responsibly
Nov 13
We Think ZTE (SZSE:000063) Can Stay On Top Of Its Debt
Jun 25These 4 Measures Indicate That ZTE (SZSE:000063) Is Using Debt Reasonably Well
Feb 27Recent updates
Here's Why ZTE (SZSE:000063) Can Manage Its Debt Responsibly
Nov 13ZTE Corporation's (SZSE:000063) Price Is Right But Growth Is Lacking After Shares Rocket 25%
Sep 30The Returns At ZTE (SZSE:000063) Aren't Growing
Sep 22Calculating The Intrinsic Value Of ZTE Corporation (SZSE:000063)
Sep 03Benign Growth For ZTE Corporation (SZSE:000063) Underpins Its Share Price
Jul 29We Think ZTE (SZSE:000063) Can Stay On Top Of Its Debt
Jun 25There's Been No Shortage Of Growth Recently For ZTE's (SZSE:000063) Returns On Capital
Jun 08Calculating The Intrinsic Value Of ZTE Corporation (SZSE:000063)
Apr 21Analysts Have Made A Financial Statement On ZTE Corporation's (SZSE:000063) Full-Year Report
Mar 12ZTE Corporation (SZSE:000063) Stock Catapults 31% Though Its Price And Business Still Lag The Market
Mar 01These 4 Measures Indicate That ZTE (SZSE:000063) Is Using Debt Reasonably Well
Feb 27Financial Position Analysis
Short Term Liabilities: 000063's short term assets (CN¥140.0B) exceed its short term liabilities (CN¥73.5B).
Long Term Liabilities: 000063's short term assets (CN¥140.0B) exceed its long term liabilities (CN¥53.6B).
Debt to Equity History and Analysis
Debt Level: 000063 has more cash than its total debt.
Reducing Debt: 000063's debt to equity ratio has reduced from 108.5% to 78.3% over the past 5 years.
Debt Coverage: 000063's debt is well covered by operating cash flow (28.5%).
Interest Coverage: 000063 earns more interest than it pays, so coverage of interest payments is not a concern.