Zhonggan Communication (Group) Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Zhonggan Communication (Group) Holdings has a total shareholder equity of CN¥274.5M and total debt of CN¥339.4M, which brings its debt-to-equity ratio to 123.6%. Its total assets and total liabilities are CN¥1.2B and CN¥912.2M respectively. Zhonggan Communication (Group) Holdings's EBIT is CN¥78.6M making its interest coverage ratio 5.5. It has cash and short-term investments of CN¥6.7M.
Key information
123.6%
Debt to equity ratio
CN¥339.40m
Debt
| Interest coverage ratio | 5.5x |
| Cash | CN¥6.65m |
| Equity | CN¥274.53m |
| Total liabilities | CN¥912.24m |
| Total assets | CN¥1.19b |
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¥910.4M).
Long Term Liabilities: 2545's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥1.9M).
Debt to Equity History and Analysis
Debt Level: 2545's net debt to equity ratio (121.2%) 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 operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2545's interest payments on its debt are well covered by EBIT (5.5x coverage).