Shenyang Yuanda Intellectual Industry GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shenyang Yuanda Intellectual Industry GroupLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥3.7M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥1.9B and CN¥732.2M respectively. Shenyang Yuanda Intellectual Industry GroupLtd's EBIT is CN¥13.1M making its interest coverage ratio -0.7. It has cash and short-term investments of CN¥437.3M.
Key information
0.3%
Debt to equity ratio
CN¥3.69m
Debt
Interest coverage ratio | -0.7x |
Cash | CN¥437.33m |
Equity | CN¥1.12b |
Total liabilities | CN¥732.17m |
Total assets | CN¥1.85b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002689's short term assets (CN¥1.3B) exceed its short term liabilities (CN¥617.6M).
Long Term Liabilities: 002689's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥114.6M).
Debt to Equity History and Analysis
Debt Level: 002689 has more cash than its total debt.
Reducing Debt: 002689's debt to equity ratio has increased from 0% to 0.3% over the past 5 years.
Debt Coverage: 002689's debt is well covered by operating cash flow (2372.8%).
Interest Coverage: 002689 earns more interest than it pays, so coverage of interest payments is not a concern.