Zhou Hei Ya International Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Zhou Hei Ya International Holdings has a total shareholder equity of CN¥3.7B and total debt of CN¥150.0M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are CN¥4.7B and CN¥996.8M respectively. Zhou Hei Ya International Holdings's EBIT is CN¥102.4M making its interest coverage ratio -2.4. It has cash and short-term investments of CN¥1.5B.
Key information
4.1%
Debt to equity ratio
CN¥150.00m
Debt
| Interest coverage ratio | -2.4x |
| Cash | CN¥1.45b |
| Equity | CN¥3.70b |
| Total liabilities | CN¥996.81m |
| Total assets | CN¥4.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZHY's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥805.1M).
Long Term Liabilities: ZHY's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥191.7M).
Debt to Equity History and Analysis
Debt Level: ZHY has more cash than its total debt.
Reducing Debt: ZHY's debt to equity ratio has increased from 0% to 4.1% over the past 5 years.
Debt Coverage: ZHY's debt is well covered by operating cash flow (265.6%).
Interest Coverage: ZHY earns more interest than it pays, so coverage of interest payments is not a concern.