Yantai Yatong Precision Mechanical Balance Sheet Health
Financial Health criteria checks 4/6
Yantai Yatong Precision Mechanical has a total shareholder equity of CN¥2.1B and total debt of CN¥647.8M, which brings its debt-to-equity ratio to 30.5%. Its total assets and total liabilities are CN¥3.7B and CN¥1.6B respectively. Yantai Yatong Precision Mechanical's EBIT is CN¥182.5M making its interest coverage ratio 17.2. It has cash and short-term investments of CN¥564.0M.
Key information
30.5%
Debt to equity ratio
CN¥647.81m
Debt
| Interest coverage ratio | 17.2x |
| Cash | CN¥564.00m |
| Equity | CN¥2.12b |
| Total liabilities | CN¥1.59b |
| Total assets | CN¥3.71b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603190's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 603190's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥96.6M).
Debt to Equity History and Analysis
Debt Level: 603190's net debt to equity ratio (3.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 603190's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 603190's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603190's interest payments on its debt are well covered by EBIT (17.2x coverage).