Zhongxin Fruit and Juice Balance Sheet Health
Financial Health criteria checks 4/6
Zhongxin Fruit and Juice has a total shareholder equity of CN¥137.7M and total debt of CN¥99.1M, which brings its debt-to-equity ratio to 72%. Its total assets and total liabilities are CN¥242.6M and CN¥104.9M respectively. Zhongxin Fruit and Juice's EBIT is CN¥5.5M making its interest coverage ratio -4.6. It has cash and short-term investments of CN¥2.8M.
Key information
72.0%
Debt to equity ratio
CN¥99.14m
Debt
Interest coverage ratio | -4.6x |
Cash | CN¥2.80m |
Equity | CN¥137.66m |
Total liabilities | CN¥104.93m |
Total assets | CN¥242.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5EG's short term assets (CN¥184.0M) exceed its short term liabilities (CN¥104.7M).
Long Term Liabilities: 5EG's short term assets (CN¥184.0M) exceed its long term liabilities (CN¥203.0K).
Debt to Equity History and Analysis
Debt Level: 5EG's net debt to equity ratio (70%) is considered high.
Reducing Debt: 5EG's debt to equity ratio has reduced from 73.3% to 72% over the past 5 years.
Debt Coverage: 5EG's debt is not well covered by operating cash flow (4.9%).
Interest Coverage: 5EG earns more interest than it pays, so coverage of interest payments is not a concern.