Shenzhen Zesum TechnologyLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Zesum TechnologyLtd has a total shareholder equity of CN¥2.6B and total debt of CN¥7.4M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥2.9B and CN¥287.0M respectively. Shenzhen Zesum TechnologyLtd's EBIT is CN¥64.4M making its interest coverage ratio -2.8. It has cash and short-term investments of CN¥1.3B.
Key information
0.3%
Debt to equity ratio
CN¥7.45m
Debt
Interest coverage ratio | -2.8x |
Cash | CN¥1.34b |
Equity | CN¥2.63b |
Total liabilities | CN¥286.98m |
Total assets | CN¥2.92b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301486's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥255.9M).
Long Term Liabilities: 301486's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥31.0M).
Debt to Equity History and Analysis
Debt Level: 301486 has more cash than its total debt.
Reducing Debt: 301486's debt to equity ratio has reduced from 12.6% to 0.3% over the past 5 years.
Debt Coverage: 301486's debt is well covered by operating cash flow (1887.3%).
Interest Coverage: 301486 earns more interest than it pays, so coverage of interest payments is not a concern.