Zoomlion Heavy Industry Science and Technology Balance Sheet Health
Financial Health criteria checks 5/6
Zoomlion Heavy Industry Science and Technology has a total shareholder equity of CN¥58.8B and total debt of CN¥23.4B, which brings its debt-to-equity ratio to 39.8%. Its total assets and total liabilities are CN¥130.7B and CN¥71.9B respectively. Zoomlion Heavy Industry Science and Technology's EBIT is CN¥2.5B making its interest coverage ratio -9.9. It has cash and short-term investments of CN¥17.4B.
Key information
39.8%
Debt to equity ratio
CN¥23.41b
Debt
| Interest coverage ratio | -9.9x |
| Cash | CN¥17.39b |
| Equity | CN¥58.82b |
| Total liabilities | CN¥71.87b |
| Total assets | CN¥130.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1157's short term assets (CN¥79.6B) exceed its short term liabilities (CN¥51.8B).
Long Term Liabilities: 1157's short term assets (CN¥79.6B) exceed its long term liabilities (CN¥20.0B).
Debt to Equity History and Analysis
Debt Level: 1157's net debt to equity ratio (10.2%) is considered satisfactory.
Reducing Debt: 1157's debt to equity ratio has reduced from 96.2% to 39.8% over the past 5 years.
Debt Coverage: 1157's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: 1157 earns more interest than it pays, so coverage of interest payments is not a concern.