Zixin Group Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Zixin Group Holdings has a total shareholder equity of CN¥497.5M and total debt of CN¥47.1M, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are CN¥576.1M and CN¥78.7M respectively.
Key information
9.5%
Debt to equity ratio
CN¥47.10m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥149.46m |
| Equity | CN¥497.47m |
| Total liabilities | CN¥78.66m |
| Total assets | CN¥576.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 42W's short term assets (CN¥243.0M) exceed its short term liabilities (CN¥76.4M).
Long Term Liabilities: 42W's short term assets (CN¥243.0M) exceed its long term liabilities (CN¥2.2M).
Debt to Equity History and Analysis
Debt Level: 42W has more cash than its total debt.
Reducing Debt: 42W's debt to equity ratio has increased from 4.8% to 9.5% over the past 5 years.
Debt Coverage: 42W's debt is not well covered by operating cash flow (10.6%).
Interest Coverage: Insufficient data to determine if 42W's interest payments on its debt are well covered by EBIT.