ShaoYang Victor HydraulicsLtd Balance Sheet Health
Financial Health criteria checks 4/6
ShaoYang Victor HydraulicsLtd has a total shareholder equity of CN¥489.8M and total debt of CN¥177.2M, which brings its debt-to-equity ratio to 36.2%. Its total assets and total liabilities are CN¥953.4M and CN¥463.6M respectively.
Key information
36.2%
Debt to equity ratio
CN¥177.17m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥3.44m |
| Equity | CN¥489.75m |
| Total liabilities | CN¥463.64m |
| Total assets | CN¥953.39m |
Recent financial health updates
No updates
Recent updates
There's Reason For Concern Over ShaoYang Victor Hydraulics Co.,Ltd's (SZSE:301079) Massive 37% Price Jump
Oct 08
Optimistic Investors Push ShaoYang Victor Hydraulics Co.,Ltd (SZSE:301079) Shares Up 27% But Growth Is Lacking
Jul 24ShaoYang Victor Hydraulics Co.,Ltd (SZSE:301079) Investors Are Less Pessimistic Than Expected
Mar 05Financial Position Analysis
Short Term Liabilities: 301079's short term assets (CN¥519.5M) exceed its short term liabilities (CN¥355.4M).
Long Term Liabilities: 301079's short term assets (CN¥519.5M) exceed its long term liabilities (CN¥108.3M).
Debt to Equity History and Analysis
Debt Level: 301079's net debt to equity ratio (35.5%) is considered satisfactory.
Reducing Debt: 301079's debt to equity ratio has reduced from 40.1% to 36.2% over the past 5 years.
Debt Coverage: 301079's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 301079's interest payments on its debt are well covered by EBIT.