Zhong Fu Tong Group Balance Sheet Health
Financial Health criteria checks 4/6
Zhong Fu Tong Group has a total shareholder equity of CN¥1.1B and total debt of CN¥753.5M, which brings its debt-to-equity ratio to 67.9%. Its total assets and total liabilities are CN¥2.7B and CN¥1.6B respectively. Zhong Fu Tong Group's EBIT is CN¥51.0M making its interest coverage ratio -5.8. It has cash and short-term investments of CN¥661.4M.
Key information
67.9%
Debt to equity ratio
CN¥753.50m
Debt
Interest coverage ratio | -5.8x |
Cash | CN¥661.42m |
Equity | CN¥1.11b |
Total liabilities | CN¥1.62b |
Total assets | CN¥2.73b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300560's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 300560's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥103.0M).
Debt to Equity History and Analysis
Debt Level: 300560's net debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: 300560's debt to equity ratio has increased from 26.1% to 67.9% over the past 5 years.
Debt Coverage: 300560's debt is not well covered by operating cash flow (16.5%).
Interest Coverage: 300560 earns more interest than it pays, so coverage of interest payments is not a concern.