ShaoYang Victor HydraulicsLtd Balance Sheet Health
Financial Health criteria checks 3/6
ShaoYang Victor HydraulicsLtd has a total shareholder equity of CN¥484.0M and total debt of CN¥145.4M, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are CN¥891.6M and CN¥407.6M respectively.
Key information
30.0%
Debt to equity ratio
CN¥145.40m
Debt
Interest coverage ratio | n/a |
Cash | CN¥14.27m |
Equity | CN¥484.00m |
Total liabilities | CN¥407.57m |
Total assets | CN¥891.57m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301079's short term assets (CN¥465.5M) exceed its short term liabilities (CN¥285.3M).
Long Term Liabilities: 301079's short term assets (CN¥465.5M) exceed its long term liabilities (CN¥122.3M).
Debt to Equity History and Analysis
Debt Level: 301079's net debt to equity ratio (27.1%) is considered satisfactory.
Reducing Debt: 301079's debt to equity ratio has increased from 21.6% to 30% 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.