Dongguan Yiheda Automation Balance Sheet Health
Financial Health criteria checks 6/6
Dongguan Yiheda Automation has a total shareholder equity of CN¥3.0B and total debt of CN¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CN¥3.6B and CN¥622.7M respectively. Dongguan Yiheda Automation's EBIT is CN¥592.0M making its interest coverage ratio -56.2. It has cash and short-term investments of CN¥982.6M.
Key information
0%
Debt to equity ratio
CN¥0
Debt
| Interest coverage ratio | -56.2x |
| Cash | CN¥982.58m |
| Equity | CN¥2.99b |
| Total liabilities | CN¥622.69m |
| Total assets | CN¥3.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 301029's short term assets (CN¥2.7B) exceed its short term liabilities (CN¥604.1M).
Long Term Liabilities: 301029's short term assets (CN¥2.7B) exceed its long term liabilities (CN¥18.6M).
Debt to Equity History and Analysis
Debt Level: 301029 is debt free.
Reducing Debt: 301029 has no debt compared to 5 years ago when its debt to equity ratio was 0.5%.
Debt Coverage: 301029 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 301029 has no debt, therefore coverage of interest payments is not a concern.