Zhejiang Yongan Rongtong Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Yongan Rongtong Holdings has a total shareholder equity of CN¥158.4M and total debt of CN¥1.7M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are CN¥227.2M and CN¥68.8M respectively.
Key information
1.1%
Debt to equity ratio
CN¥1.73m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥168.35m |
| Equity | CN¥158.44m |
| Total liabilities | CN¥68.77m |
| Total assets | CN¥227.21m |
Recent financial health updates
Health Check: How Prudently Does Zhejiang Yongan Rongtong Holdings (HKG:8211) Use Debt?
Oct 25
Is Zhejiang Yongan Rongtong Holdings (HKG:8211) Using Debt In A Risky Way?
Mar 30Does Zhejiang Yongan Rongtong Holdings (HKG:8211) Have A Healthy Balance Sheet?
Aug 15Zhejiang Yongan Rongtong Holdings (HKG:8211) Has Debt But No Earnings; Should You Worry?
Aug 19Recent updates
Health Check: How Prudently Does Zhejiang Yongan Rongtong Holdings (HKG:8211) Use Debt?
Oct 25Is Zhejiang Yongan Rongtong Holdings (HKG:8211) Using Debt In A Risky Way?
Mar 30Does Zhejiang Yongan Rongtong Holdings (HKG:8211) Have A Healthy Balance Sheet?
Aug 15Zhejiang Yongan Rongtong Holdings (HKG:8211) Has Debt But No Earnings; Should You Worry?
Aug 19Key Things To Understand About Zhejiang Yongan Rongtong Holdings' (HKG:8211) CEO Pay Cheque
Dec 15Financial Position Analysis
Short Term Liabilities: 8211's short term assets (CN¥203.9M) exceed its short term liabilities (CN¥19.1M).
Long Term Liabilities: 8211's short term assets (CN¥203.9M) exceed its long term liabilities (CN¥49.7M).
Debt to Equity History and Analysis
Debt Level: 8211 has more cash than its total debt.
Reducing Debt: 8211's debt to equity ratio has reduced from 12.3% to 1.1% over the past 5 years.
Debt Coverage: 8211's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 8211's interest payments on its debt are well covered by EBIT.