ZTO Express (Cayman) Balance Sheet Health
Financial Health criteria checks 5/6
ZTO Express (Cayman) has a total shareholder equity of CN¥60.3B and total debt of CN¥14.8B, which brings its debt-to-equity ratio to 24.5%. Its total assets and total liabilities are CN¥88.5B and CN¥28.2B respectively. ZTO Express (Cayman)'s EBIT is CN¥10.1B making its interest coverage ratio -24.2. It has cash and short-term investments of CN¥19.9B.
Key information
24.5%
Debt to equity ratio
CN¥14.80b
Debt
Interest coverage ratio | -24.2x |
Cash | CN¥19.89b |
Equity | CN¥60.28b |
Total liabilities | CN¥28.18b |
Total assets | CN¥88.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZTOA's short term assets (CN¥27.0B) exceed its short term liabilities (CN¥20.1B).
Long Term Liabilities: ZTOA's short term assets (CN¥27.0B) exceed its long term liabilities (CN¥8.1B).
Debt to Equity History and Analysis
Debt Level: ZTOA has more cash than its total debt.
Reducing Debt: ZTOA's debt to equity ratio has increased from 0% to 24.5% over the past 5 years.
Debt Coverage: ZTOA's debt is well covered by operating cash flow (90.3%).
Interest Coverage: ZTOA earns more interest than it pays, so coverage of interest payments is not a concern.