Shanghai Zhonggu Logistics Balance Sheet Health
Financial Health criteria checks 5/6
Shanghai Zhonggu Logistics has a total shareholder equity of CN¥10.3B and total debt of CN¥8.5B, which brings its debt-to-equity ratio to 82.5%. Its total assets and total liabilities are CN¥24.5B and CN¥14.1B respectively. Shanghai Zhonggu Logistics's EBIT is CN¥996.7M making its interest coverage ratio -5.8. It has cash and short-term investments of CN¥11.7B.
Key information
82.5%
Debt to equity ratio
CN¥8.53b
Debt
| Interest coverage ratio | -5.8x |
| Cash | CN¥11.68b |
| Equity | CN¥10.33b |
| Total liabilities | CN¥14.13b |
| Total assets | CN¥24.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603565's short term assets (CN¥13.2B) exceed its short term liabilities (CN¥6.0B).
Long Term Liabilities: 603565's short term assets (CN¥13.2B) exceed its long term liabilities (CN¥8.1B).
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 34% to 82.5% over the past 5 years.
Debt Coverage: 603565's debt is well covered by operating cash flow (26.1%).
Interest Coverage: 603565 earns more interest than it pays, so coverage of interest payments is not a concern.