Zhejiang Yankon Group Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Yankon Group has a total shareholder equity of CN¥3.6B and total debt of CN¥240.9M, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are CN¥5.4B and CN¥1.7B respectively. Zhejiang Yankon Group's EBIT is CN¥182.7M making its interest coverage ratio -7. It has cash and short-term investments of CN¥2.5B.
Key information
6.6%
Debt to equity ratio
CN¥240.87m
Debt
Interest coverage ratio | -7x |
Cash | CN¥2.51b |
Equity | CN¥3.64b |
Total liabilities | CN¥1.74b |
Total assets | CN¥5.38b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600261's short term assets (CN¥3.8B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 600261's short term assets (CN¥3.8B) exceed its long term liabilities (CN¥260.4M).
Debt to Equity History and Analysis
Debt Level: 600261 has more cash than its total debt.
Reducing Debt: 600261's debt to equity ratio has reduced from 11.3% to 6.6% over the past 5 years.
Debt Coverage: 600261's debt is well covered by operating cash flow (162.2%).
Interest Coverage: 600261 earns more interest than it pays, so coverage of interest payments is not a concern.