Zhongyu Energy Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Zhongyu Energy Holdings has a total shareholder equity of HK$8.7B and total debt of HK$12.5B, which brings its debt-to-equity ratio to 142.8%. Its total assets and total liabilities are HK$26.1B and HK$17.4B respectively. Zhongyu Energy Holdings's EBIT is HK$846.0M making its interest coverage ratio 1.3. It has cash and short-term investments of HK$2.7B.
Key information
142.8%
Debt to equity ratio
HK$12.49b
Debt
| Interest coverage ratio | 1.3x |
| Cash | HK$2.73b |
| Equity | HK$8.74b |
| Total liabilities | HK$17.35b |
| Total assets | HK$26.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3633's short term assets (HK$6.3B) do not cover its short term liabilities (HK$11.4B).
Long Term Liabilities: 3633's short term assets (HK$6.3B) exceed its long term liabilities (HK$6.0B).
Debt to Equity History and Analysis
Debt Level: 3633's net debt to equity ratio (111.6%) is considered high.
Reducing Debt: 3633's debt to equity ratio has reduced from 226.4% to 142.8% over the past 5 years.
Debt Coverage: 3633's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: 3633's interest payments on its debt are not well covered by EBIT (1.3x coverage).