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
Financial 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).