ZJLD Group Balance Sheet Health
Financial Health criteria checks 5/6
ZJLD Group has a total shareholder equity of CN¥12.7B and total debt of CN¥36.6M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥17.6B and CN¥4.9B respectively. ZJLD Group's EBIT is CN¥2.0B making its interest coverage ratio -12.6. It has cash and short-term investments of CN¥6.1B.
Key information
0.3%
Debt to equity ratio
CN¥36.60m
Debt
Interest coverage ratio | -12.6x |
Cash | CN¥6.05b |
Equity | CN¥12.68b |
Total liabilities | CN ¥4.90b |
Total assets | CN¥17.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LH6's short term assets (CN¥12.9B) exceed its short term liabilities (CN¥4.9B).
Long Term Liabilities: LH6's short term assets (CN¥12.9B) exceed its long term liabilities (CN¥49.1M).
Debt to Equity History and Analysis
Debt Level: LH6 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if LH6's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: LH6's debt is well covered by operating cash flow (987%).
Interest Coverage: LH6 earns more interest than it pays, so coverage of interest payments is not a concern.