ZONBONG LANDSCAPE Environmental Balance Sheet Health
Financial Health criteria checks 5/6
ZONBONG LANDSCAPE Environmental has a total shareholder equity of CN¥769.5M and total debt of CN¥806.2M, which brings its debt-to-equity ratio to 104.8%. Its total assets and total liabilities are CN¥3.8B and CN¥3.1B respectively. ZONBONG LANDSCAPE Environmental's EBIT is CN¥251.0M making its interest coverage ratio 4.3. It has cash and short-term investments of CN¥210.4M.
Key information
104.8%
Debt to equity ratio
CN¥806.21m
Debt
Interest coverage ratio | 4.3x |
Cash | CN¥210.41m |
Equity | CN¥769.47m |
Total liabilities | CN¥3.08b |
Total assets | CN¥3.85b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1855's short term assets (CN¥3.4B) exceed its short term liabilities (CN¥3.0B).
Long Term Liabilities: 1855's short term assets (CN¥3.4B) exceed its long term liabilities (CN¥91.7M).
Debt to Equity History and Analysis
Debt Level: 1855's net debt to equity ratio (77.4%) is considered high.
Reducing Debt: 1855's debt to equity ratio has reduced from 152.2% to 104.8% over the past 5 years.
Debt Coverage: 1855's debt is well covered by operating cash flow (27.5%).
Interest Coverage: 1855's interest payments on its debt are well covered by EBIT (4.3x coverage).