Zhuhai Huajin Capital Balance Sheet Health
Financial Health criteria checks 5/6
Zhuhai Huajin Capital has a total shareholder equity of CN¥1.4B and total debt of CN¥506.8M, which brings its debt-to-equity ratio to 35.6%. Its total assets and total liabilities are CN¥2.3B and CN¥904.4M respectively. Zhuhai Huajin Capital's EBIT is CN¥74.5M making its interest coverage ratio 7.3. It has cash and short-term investments of CN¥272.5M.
Key information
35.6%
Debt to equity ratio
CN¥506.75m
Debt
| Interest coverage ratio | 7.3x |
| Cash | CN¥272.46m |
| Equity | CN¥1.42b |
| Total liabilities | CN¥904.37m |
| Total assets | CN¥2.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000532's short term assets (CN¥411.3M) do not cover its short term liabilities (CN¥692.5M).
Long Term Liabilities: 000532's short term assets (CN¥411.3M) exceed its long term liabilities (CN¥211.9M).
Debt to Equity History and Analysis
Debt Level: 000532's net debt to equity ratio (16.4%) is considered satisfactory.
Reducing Debt: 000532's debt to equity ratio has reduced from 133.7% to 35.6% over the past 5 years.
Debt Coverage: 000532's debt is well covered by operating cash flow (29.6%).
Interest Coverage: 000532's interest payments on its debt are well covered by EBIT (7.3x coverage).