Zhongtian Service Balance Sheet Health
Financial Health criteria checks 6/6
Zhongtian Service has a total shareholder equity of CN¥139.0M and total debt of CN¥851.3K, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are CN¥310.8M and CN¥171.8M respectively. Zhongtian Service's EBIT is CN¥47.2M making its interest coverage ratio -26.7. It has cash and short-term investments of CN¥161.9M.
Key information
0.6%
Debt to equity ratio
CN¥851.26k
Debt
Interest coverage ratio | -26.7x |
Cash | CN¥161.91m |
Equity | CN¥138.97m |
Total liabilities | CN¥171.78m |
Total assets | CN¥310.76m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002188's short term assets (CN¥272.2M) exceed its short term liabilities (CN¥161.5M).
Long Term Liabilities: 002188's short term assets (CN¥272.2M) exceed its long term liabilities (CN¥10.3M).
Debt to Equity History and Analysis
Debt Level: 002188 has more cash than its total debt.
Reducing Debt: 002188 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 002188's debt is well covered by operating cash flow (2504%).
Interest Coverage: 002188 earns more interest than it pays, so coverage of interest payments is not a concern.