ZJLD Group Balance Sheet Health
Financial Health criteria checks 5/6
ZJLD Group has a total shareholder equity of CN¥13.2B and total debt of CN¥285.1M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are CN¥18.1B and CN¥4.9B respectively. ZJLD Group's EBIT is CN¥2.0B making its interest coverage ratio -13.1. It has cash and short-term investments of CN¥6.1B.
Key information
2.2%
Debt to equity ratio
CN¥285.12m
Debt
| Interest coverage ratio | -13.1x |
| Cash | CN¥6.11b |
| Equity | CN¥13.19b |
| Total liabilities | CN¥4.86b |
| Total assets | CN¥18.06b |
Recent financial health updates
We Think ZJLD Group (HKG:6979) Can Stay On Top Of Its Debt
Oct 20
These 4 Measures Indicate That ZJLD Group (HKG:6979) Is Using Debt Reasonably Well
Jun 12Recent updates
We Think ZJLD Group (HKG:6979) Can Stay On Top Of Its Debt
Oct 20A Look At The Intrinsic Value Of ZJLD Group Inc (HKG:6979)
Jul 01These 4 Measures Indicate That ZJLD Group (HKG:6979) Is Using Debt Reasonably Well
Jun 12ZJLD Group's (HKG:6979) Earnings Are Weaker Than They Seem
May 04Here's Why We Think ZJLD Group (HKG:6979) Might Deserve Your Attention Today
Apr 26Financial Position Analysis
Short Term Liabilities: 6979's short term assets (CN¥13.1B) exceed its short term liabilities (CN¥4.8B).
Long Term Liabilities: 6979's short term assets (CN¥13.1B) exceed its long term liabilities (CN¥42.8M).
Debt to Equity History and Analysis
Debt Level: 6979 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 6979's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6979's debt is well covered by operating cash flow (252.6%).
Interest Coverage: 6979 earns more interest than it pays, so coverage of interest payments is not a concern.