ZTE Balance Sheet Health
Financial Health criteria checks 6/6
ZTE has a total shareholder equity of CN¥68.3B and total debt of CN¥56.8B, which brings its debt-to-equity ratio to 83.2%. Its total assets and total liabilities are CN¥201.0B and CN¥132.6B respectively. ZTE's EBIT is CN¥10.1B making its interest coverage ratio -10.7. It has cash and short-term investments of CN¥78.7B.
Key information
83.2%
Debt to equity ratio
CN¥56.84b
Debt
Interest coverage ratio | -10.7x |
Cash | CN¥78.70b |
Equity | CN¥68.33b |
Total liabilities | CN¥132.63b |
Total assets | CN¥200.96b |
Recent financial health updates
Recent updates
Calculating 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¥158.5B) exceed its short term liabilities (CN¥83.0B).
Long Term Liabilities: 000063's short term assets (CN¥158.5B) exceed its long term liabilities (CN¥49.6B).
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 86.1% to 83.2% over the past 5 years.
Debt Coverage: 000063's debt is well covered by operating cash flow (30.6%).
Interest Coverage: 000063 earns more interest than it pays, so coverage of interest payments is not a concern.