Zoomlion Heavy Industry Science and Technology Balance Sheet Health
Financial Health criteria checks 5/6
Zoomlion Heavy Industry Science and Technology has a total shareholder equity of CN¥60.0B and total debt of CN¥21.2B, which brings its debt-to-equity ratio to 35.3%. Its total assets and total liabilities are CN¥133.0B and CN¥72.9B respectively. Zoomlion Heavy Industry Science and Technology's EBIT is CN¥3.2B making its interest coverage ratio -14.7. It has cash and short-term investments of CN¥15.8B.
Key information
35.3%
Debt to equity ratio
CN¥21.21b
Debt
Interest coverage ratio | -14.7x |
Cash | CN¥15.78b |
Equity | CN¥60.05b |
Total liabilities | CN¥72.95b |
Total assets | CN¥132.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZLIO.F's short term assets (CN¥79.1B) exceed its short term liabilities (CN¥49.5B).
Long Term Liabilities: ZLIO.F's short term assets (CN¥79.1B) exceed its long term liabilities (CN¥23.4B).
Debt to Equity History and Analysis
Debt Level: ZLIO.F's net debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: ZLIO.F's debt to equity ratio has reduced from 95.4% to 35.3% over the past 5 years.
Debt Coverage: ZLIO.F's debt is not well covered by operating cash flow (12.9%).
Interest Coverage: ZLIO.F earns more interest than it pays, so coverage of interest payments is not a concern.