ZTO Express (Cayman) Balance Sheet Health
Financial Health criteria checks 5/6
ZTO Express (Cayman) has a total shareholder equity of CN¥58.4B and total debt of CN¥15.2B, which brings its debt-to-equity ratio to 26%. Its total assets and total liabilities are CN¥89.9B and CN¥31.5B respectively. ZTO Express (Cayman)'s EBIT is CN¥10.4B making its interest coverage ratio -18.6. It has cash and short-term investments of CN¥19.6B.
Key information
26.0%
Debt to equity ratio
CN¥15.20b
Debt
Interest coverage ratio | -18.6x |
Cash | CN¥19.62b |
Equity | CN¥58.39b |
Total liabilities | CN¥31.49b |
Total assets | CN¥89.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0A33's short term assets (CN¥26.7B) exceed its short term liabilities (CN¥23.3B).
Long Term Liabilities: 0A33's short term assets (CN¥26.7B) exceed its long term liabilities (CN¥8.2B).
Debt to Equity History and Analysis
Debt Level: 0A33 has more cash than its total debt.
Reducing Debt: 0A33's debt to equity ratio has increased from 0% to 26% over the past 5 years.
Debt Coverage: 0A33's debt is well covered by operating cash flow (83.2%).
Interest Coverage: 0A33 earns more interest than it pays, so coverage of interest payments is not a concern.