ZhongAn Online P & C Insurance Balance Sheet Health
Financial Health criteria checks 3/6
ZhongAn Online P & C Insurance has a total shareholder equity of CN¥20.1B and total debt of CN¥15.4B, which brings its debt-to-equity ratio to 76.7%. Its total assets and total liabilities are CN¥42.9B and CN¥22.8B respectively. ZhongAn Online P & C Insurance's EBIT is CN¥878.4M making its interest coverage ratio 1.9. It has cash and short-term investments of CN¥23.9B.
Key information
76.7%
Debt to equity ratio
CN¥15.39b
Debt
| Interest coverage ratio | 1.9x |
| Cash | CN¥23.93b |
| Equity | CN¥20.07b |
| Total liabilities | CN¥22.79b |
| Total assets | CN¥42.86b |
Recent financial health updates
No updates
Recent updates
Investors Give ZhongAn Online P & C Insurance Co., Ltd. (HKG:6060) Shares A 25% Hiding
Feb 11
Investors Still Waiting For A Pull Back In ZhongAn Online P & C Insurance Co., Ltd. (HKG:6060)
Dec 19ZhongAn Online P & C Insurance Co., Ltd.'s (HKG:6060) 29% Jump Shows Its Popularity With Investors
Apr 12Analysts Expect ZhongAn Online P & C Insurance Co., Ltd. (HKG:6060) To Breakeven Soon
Feb 22What Kind Of Investors Own Most Of ZhongAn Online P & C Insurance Co., Ltd. (HKG:6060)?
Jan 19
How Much Did ZhongAn Online P & C Insurance's(HKG:6060) Shareholders Earn From Share Price Movements Over The Last Three Years?
Dec 14Financial Position Analysis
Short Term Liabilities: 6060's short term assets (CN¥26.5B) exceed its short term liabilities (CN¥11.5B).
Long Term Liabilities: 6060's short term assets (CN¥26.5B) exceed its long term liabilities (CN¥11.2B).
Debt to Equity History and Analysis
Debt Level: 6060 has more cash than its total debt.
Reducing Debt: 6060's debt to equity ratio has increased from 15.9% to 76.7% over the past 5 years.
Debt Coverage: 6060's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: 6060's interest payments on its debt are not well covered by EBIT (1.9x coverage).