Zhejiang Yilida VentilatorLtd Balance Sheet Health
Financial Health criteria checks 6/6
Zhejiang Yilida VentilatorLtd has a total shareholder equity of CN¥1.8B and total debt of CN¥392.3M, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are CN¥2.8B and CN¥1.1B respectively. Zhejiang Yilida VentilatorLtd's EBIT is CN¥52.1M making its interest coverage ratio 6.1. It has cash and short-term investments of CN¥347.5M.
Key information
22.4%
Debt to equity ratio
CN¥392.28m
Debt
| Interest coverage ratio | 6.1x |
| Cash | CN¥347.53m |
| Equity | CN¥1.75b |
| Total liabilities | CN¥1.09b |
| Total assets | CN¥2.84b |
Recent financial health updates
No updates
Recent updates
There's Reason For Concern Over Zhejiang Yilida Ventilator Co.,Ltd.'s (SZSE:002686) Massive 27% Price Jump
Sep 19
There May Be Reason For Hope In Zhejiang Yilida VentilatorLtd's (SZSE:002686) Disappointing Earnings
Apr 30Be Wary Of Zhejiang Yilida VentilatorLtd (SZSE:002686) And Its Returns On Capital
Apr 17What Zhejiang Yilida Ventilator Co.,Ltd.'s (SZSE:002686) 30% Share Price Gain Is Not Telling You
Mar 08Financial Position Analysis
Short Term Liabilities: 002686's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥951.8M).
Long Term Liabilities: 002686's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥138.5M).
Debt to Equity History and Analysis
Debt Level: 002686's net debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: 002686's debt to equity ratio has reduced from 52.3% to 22.4% over the past 5 years.
Debt Coverage: 002686's debt is well covered by operating cash flow (34.1%).
Interest Coverage: 002686's interest payments on its debt are well covered by EBIT (6.1x coverage).