Zhibao Technology Balance Sheet Health
Financial Health criteria checks 3/6
Zhibao Technology has a total shareholder equity of CN¥64.0M and total debt of CN¥33.0M, which brings its debt-to-equity ratio to 51.5%. Its total assets and total liabilities are CN¥208.8M and CN¥144.8M respectively. Zhibao Technology's EBIT is CN¥10.1M making its interest coverage ratio 11.9. It has cash and short-term investments of CN¥4.0M.
Key information
51.5%
Debt to equity ratio
CN¥32.98m
Debt
| Interest coverage ratio | 11.9x |
| Cash | CN¥4.00m |
| Equity | CN¥63.99m |
| Total liabilities | CN¥144.80m |
| Total assets | CN¥208.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZBAO's short term assets (CN¥197.6M) exceed its short term liabilities (CN¥141.1M).
Long Term Liabilities: ZBAO's short term assets (CN¥197.6M) exceed its long term liabilities (CN¥3.7M).
Debt to Equity History and Analysis
Debt Level: ZBAO's net debt to equity ratio (45.3%) is considered high.
Reducing Debt: Insufficient data to determine if ZBAO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ZBAO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ZBAO's interest payments on its debt are well covered by EBIT (11.9x coverage).