Shanghai Zhonggu Logistics Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Zhonggu Logistics has a total shareholder equity of CN¥11.1B and total debt of CN¥7.5B, which brings its debt-to-equity ratio to 67.3%. Its total assets and total liabilities are CN¥24.1B and CN¥13.0B respectively. Shanghai Zhonggu Logistics's EBIT is CN¥1.1B making its interest coverage ratio -16.6. It has cash and short-term investments of CN¥10.3B.
Key information
67.3%
Debt to equity ratio
CN¥7.50b
Debt
| Interest coverage ratio | -16.6x |
| Cash | CN¥10.30b |
| Equity | CN¥11.14b |
| Total liabilities | CN¥12.99b |
| Total assets | CN¥24.14b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603565's short term assets (CN¥12.5B) exceed its short term liabilities (CN¥5.5B).
Long Term Liabilities: 603565's short term assets (CN¥12.5B) exceed its long term liabilities (CN¥7.5B).
Debt to Equity History and Analysis
Debt Level: 603565 has more cash than its total debt.
Reducing Debt: 603565's debt to equity ratio has increased from 31.9% to 67.3% over the past 5 years.
Debt Coverage: 603565's debt is well covered by operating cash flow (30.3%).
Interest Coverage: 603565 earns more interest than it pays, so coverage of interest payments is not a concern.