Zhonggan Communication (Group) Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Zhonggan Communication (Group) Holdings has a total shareholder equity of CN¥128.2M and total debt of CN¥347.5M, which brings its debt-to-equity ratio to 271%. Its total assets and total liabilities are CN¥1.2B and CN¥1.0B respectively. Zhonggan Communication (Group) Holdings's EBIT is CN¥82.6M making its interest coverage ratio 5.5. It has cash and short-term investments of CN¥81.6M.
Key information
271.0%
Debt to equity ratio
CN¥347.46m
Debt
Interest coverage ratio | 5.5x |
Cash | CN¥81.57m |
Equity | CN¥128.22m |
Total liabilities | CN¥1.03b |
Total assets | CN¥1.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2545's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 2545's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥2.0M).
Debt to Equity History and Analysis
Debt Level: 2545's net debt to equity ratio (207.4%) is considered high.
Reducing Debt: Insufficient data to determine if 2545's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2545's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: 2545's interest payments on its debt are well covered by EBIT (5.5x coverage).