Zhejiang Yinlun MachineryLtd Balance Sheet Health
Financial Health criteria checks 4/6
Zhejiang Yinlun MachineryLtd has a total shareholder equity of CN¥6.4B and total debt of CN¥3.6B, which brings its debt-to-equity ratio to 55.8%. Its total assets and total liabilities are CN¥16.8B and CN¥10.4B respectively. Zhejiang Yinlun MachineryLtd's EBIT is CN¥923.3M making its interest coverage ratio 12.9. It has cash and short-term investments of CN¥1.9B.
Key information
55.8%
Debt to equity ratio
CN¥3.59b
Debt
Interest coverage ratio | 12.9x |
Cash | CN¥1.94b |
Equity | CN¥6.43b |
Total liabilities | CN¥10.35b |
Total assets | CN¥16.79b |
Recent financial health updates
No updates
Recent updates
If EPS Growth Is Important To You, Zhejiang Yinlun MachineryLtd (SZSE:002126) Presents An Opportunity
Apr 24Return Trends At Zhejiang Yinlun MachineryLtd (SZSE:002126) Aren't Appealing
Mar 18Zhejiang Yinlun Machinery Co.,Ltd. (SZSE:002126) Held Back By Insufficient Growth Even After Shares Climb 26%
Mar 04Are Investors Undervaluing Zhejiang Yinlun Machinery Co.,Ltd. (SZSE:002126) By 33%?
Feb 29Financial Position Analysis
Short Term Liabilities: 002126's short term assets (CN¥10.4B) exceed its short term liabilities (CN¥9.1B).
Long Term Liabilities: 002126's short term assets (CN¥10.4B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 002126's net debt to equity ratio (25.6%) is considered satisfactory.
Reducing Debt: 002126's debt to equity ratio has increased from 41.3% to 55.8% over the past 5 years.
Debt Coverage: 002126's debt is not well covered by operating cash flow (6.1%).
Interest Coverage: 002126's interest payments on its debt are well covered by EBIT (12.9x coverage).