Yoantion IndustrialLtd Balance Sheet Health
Financial Health criteria checks 5/6
Yoantion IndustrialLtd has a total shareholder equity of CN¥712.0M and total debt of CN¥25.4M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are CN¥1.4B and CN¥691.5M respectively. Yoantion IndustrialLtd's EBIT is CN¥29.2M making its interest coverage ratio 42.1. It has cash and short-term investments of CN¥351.4M.
Key information
3.6%
Debt to equity ratio
CN¥25.37m
Debt
| Interest coverage ratio | 42.1x |
| Cash | CN¥351.39m |
| Equity | CN¥711.97m |
| Total liabilities | CN¥691.47m |
| Total assets | CN¥1.40b |
Recent financial health updates
No updates
Recent updates
We Think That There Are Issues Underlying Yoantion IndustrialLtd's (SZSE:301053) Earnings
Nov 05
Earnings Not Telling The Story For Yoantion Industrial Inc.,Ltd. (SZSE:301053) After Shares Rise 39%
Oct 09Unpleasant Surprises Could Be In Store For Yoantion Industrial Inc.,Ltd.'s (SZSE:301053) Shares
Aug 13Earnings Troubles May Signal Larger Issues for Yoantion IndustrialLtd (SZSE:301053) Shareholders
May 06Financial Position Analysis
Short Term Liabilities: 301053's short term assets (CN¥888.6M) exceed its short term liabilities (CN¥453.7M).
Long Term Liabilities: 301053's short term assets (CN¥888.6M) exceed its long term liabilities (CN¥237.7M).
Debt to Equity History and Analysis
Debt Level: 301053 has more cash than its total debt.
Reducing Debt: 301053's debt to equity ratio has increased from 0% to 3.6% over the past 5 years.
Debt Coverage: 301053's debt is well covered by operating cash flow (84.3%).
Interest Coverage: 301053's interest payments on its debt are well covered by EBIT (42.1x coverage).