Yuan Cheng CableLtd Balance Sheet Health
Financial Health criteria checks 4/6
Yuan Cheng CableLtd has a total shareholder equity of CN¥1.1B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 112.3%. Its total assets and total liabilities are CN¥3.2B and CN¥2.0B respectively. Yuan Cheng CableLtd's EBIT is CN¥106.8M making its interest coverage ratio 4.4. It has cash and short-term investments of CN¥166.0M.
Key information
112.3%
Debt to equity ratio
CN¥1.28b
Debt
| Interest coverage ratio | 4.4x |
| Cash | CN¥165.98m |
| Equity | CN¥1.14b |
| Total liabilities | CN¥2.02b |
| Total assets | CN¥3.16b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002692's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 002692's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥18.5M).
Debt to Equity History and Analysis
Debt Level: 002692's net debt to equity ratio (97.7%) is considered high.
Reducing Debt: 002692's debt to equity ratio has reduced from 117.7% to 112.3% over the past 5 years.
Debt Coverage: 002692's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 002692's interest payments on its debt are well covered by EBIT (4.4x coverage).