Hubei Zhongyi Technology Balance Sheet Health
Financial Health criteria checks 4/6
Hubei Zhongyi Technology has a total shareholder equity of CN¥3.6B and total debt of CN¥550.0M, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are CN¥5.6B and CN¥2.0B respectively.
Key information
15.4%
Debt to equity ratio
CN¥550.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥2.03b |
| Equity | CN¥3.57b |
| Total liabilities | CN¥2.00b |
| Total assets | CN¥5.57b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301150's short term assets (CN¥4.2B) exceed its short term liabilities (CN¥1.9B).
Long Term Liabilities: 301150's short term assets (CN¥4.2B) exceed its long term liabilities (CN¥113.0M).
Debt to Equity History and Analysis
Debt Level: 301150 has more cash than its total debt.
Reducing Debt: 301150's debt to equity ratio has reduced from 37.7% to 15.4% over the past 5 years.
Debt Coverage: 301150's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 301150's interest payments on its debt are well covered by EBIT.