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¥989.6M, which brings its debt-to-equity ratio to 88.6%. Its total assets and total liabilities are CN¥2.7B and CN¥1.6B respectively. Yuan Cheng CableLtd's EBIT is CN¥97.5M making its interest coverage ratio 3.9. It has cash and short-term investments of CN¥85.2M.
Key information
88.6%
Debt to equity ratio
CN¥989.62m
Debt
Interest coverage ratio | 3.9x |
Cash | CN¥85.19m |
Equity | CN¥1.12b |
Total liabilities | CN¥1.60b |
Total assets | CN¥2.71b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002692's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.6B).
Long Term Liabilities: 002692's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥21.0M).
Debt to Equity History and Analysis
Debt Level: 002692's net debt to equity ratio (81%) is considered high.
Reducing Debt: 002692's debt to equity ratio has reduced from 101.2% to 88.6% over the past 5 years.
Debt Coverage: 002692's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: 002692's interest payments on its debt are well covered by EBIT (3.9x coverage).