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¥20.2B and total debt of CN¥14.3B, which brings its debt-to-equity ratio to 70.5%. Its total assets and total liabilities are CN¥43.0B and CN¥22.8B respectively. ZhongAn Online P & C Insurance's EBIT is CN¥722.8M making its interest coverage ratio 1.5. It has cash and short-term investments of CN¥21.8B.
Key information
70.5%
Debt to equity ratio
CN¥14.28b
Debt
| Interest coverage ratio | 1.5x |
| Cash | CN¥21.78b |
| Equity | CN¥20.24b |
| Total liabilities | CN¥22.80b |
| Total assets | CN¥43.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6060's short term assets (CN¥24.6B) exceed its short term liabilities (CN¥10.9B).
Long Term Liabilities: 6060's short term assets (CN¥24.6B) exceed its long term liabilities (CN¥11.9B).
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 18.5% to 70.5% over the past 5 years.
Debt Coverage: 6060's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: 6060's interest payments on its debt are not well covered by EBIT (1.5x coverage).