Yutong Heavy IndustriesLtd Balance Sheet Health
Financial Health criteria checks 4/6
Yutong Heavy IndustriesLtd has a total shareholder equity of CN¥2.7B and total debt of CN¥2.6M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CN¥4.5B and CN¥1.8B respectively. Yutong Heavy IndustriesLtd's EBIT is CN¥159.9M making its interest coverage ratio -3.1. It has cash and short-term investments of CN¥1.0B.
Key information
0.1%
Debt to equity ratio
CN¥2.64m
Debt
| Interest coverage ratio | -3.1x |
| Cash | CN¥1.02b |
| Equity | CN¥2.67b |
| Total liabilities | CN¥1.78b |
| Total assets | CN¥4.46b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 600817's short term assets (CN¥3.3B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 600817's short term assets (CN¥3.3B) exceed its long term liabilities (CN¥279.9M).
Debt to Equity History and Analysis
Debt Level: 600817 has more cash than its total debt.
Reducing Debt: 600817's debt to equity ratio has increased from 0% to 0.1% over the past 5 years.
Debt Coverage: 600817's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 600817 earns more interest than it pays, so coverage of interest payments is not a concern.