Zhejiang Yinlun MachineryLtd Balance Sheet Health
Financial Health criteria checks 5/6
Zhejiang Yinlun MachineryLtd has a total shareholder equity of CN¥6.8B and total debt of CN¥3.5B, which brings its debt-to-equity ratio to 51.6%. Its total assets and total liabilities are CN¥17.4B and CN¥10.6B respectively. Zhejiang Yinlun MachineryLtd's EBIT is CN¥976.4M making its interest coverage ratio 47.7. It has cash and short-term investments of CN¥2.6B.
Key information
51.6%
Debt to equity ratio
CN¥3.52b
Debt
| Interest coverage ratio | 47.7x |
| Cash | CN¥2.57b |
| Equity | CN¥6.83b |
| Total liabilities | CN¥10.56b |
| Total assets | CN¥17.38b |
Recent financial health updates
Recent updates
An Intrinsic Calculation For Zhejiang Yinlun Machinery Co.,Ltd. (SZSE:002126) Suggests It's 21% Undervalued
Nov 19
What Does Zhejiang Yinlun Machinery Co.,Ltd.'s (SZSE:002126) Share Price Indicate?
Oct 22Zhejiang Yinlun Machinery Co.,Ltd.'s (SZSE:002126) Subdued P/E Might Signal An Opportunity
Oct 07If EPS Growth Is Important To You, Zhejiang Yinlun MachineryLtd (SZSE:002126) Presents An Opportunity
Aug 26Is Zhejiang Yinlun MachineryLtd (SZSE:002126) Using Too Much Debt?
Jul 31Calculating The Fair Value Of Zhejiang Yinlun Machinery Co.,Ltd. (SZSE:002126)
Jul 04Investors Continue Waiting On Sidelines For Zhejiang Yinlun Machinery Co.,Ltd. (SZSE:002126)
Jun 04There May Be Underlying Issues With The Quality Of Zhejiang Yinlun MachineryLtd's (SZSE:002126) Earnings
May 06If 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¥11.0B) exceed its short term liabilities (CN¥9.2B).
Long Term Liabilities: 002126's short term assets (CN¥11.0B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 002126's net debt to equity ratio (14%) is considered satisfactory.
Reducing Debt: 002126's debt to equity ratio has increased from 37.7% to 51.6% over the past 5 years.
Debt Coverage: 002126's debt is well covered by operating cash flow (38.3%).
Interest Coverage: 002126's interest payments on its debt are well covered by EBIT (47.7x coverage).