Yoantion IndustrialLtd Balance Sheet Health
Financial Health criteria checks 5/6
Yoantion IndustrialLtd has a total shareholder equity of CN¥617.4M and total debt of CN¥65.6M, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are CN¥1.1B and CN¥486.5M respectively. Yoantion IndustrialLtd's EBIT is CN¥25.5M making its interest coverage ratio -12.3. It has cash and short-term investments of CN¥163.2M.
Key information
10.6%
Debt to equity ratio
CN¥65.58m
Debt
Interest coverage ratio | -12.3x |
Cash | CN¥163.16m |
Equity | CN¥617.37m |
Total liabilities | CN¥486.53m |
Total assets | CN¥1.10b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301053's short term assets (CN¥623.0M) exceed its short term liabilities (CN¥414.3M).
Long Term Liabilities: 301053's short term assets (CN¥623.0M) exceed its long term liabilities (CN¥72.2M).
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 10.6% over the past 5 years.
Debt Coverage: 301053's debt is well covered by operating cash flow (96.6%).
Interest Coverage: 301053 earns more interest than it pays, so coverage of interest payments is not a concern.