Yindu Kitchen Equipment Balance Sheet Health
Financial Health criteria checks 5/6
Yindu Kitchen Equipment has a total shareholder equity of CN¥2.9B and total debt of CN¥348.8M, which brings its debt-to-equity ratio to 11.9%. Its total assets and total liabilities are CN¥4.3B and CN¥1.4B respectively. Yindu Kitchen Equipment's EBIT is CN¥619.0M making its interest coverage ratio -10.5. It has cash and short-term investments of CN¥1.5B.
Key information
11.9%
Debt to equity ratio
CN¥348.81m
Debt
| Interest coverage ratio | -10.5x |
| Cash | CN¥1.49b |
| Equity | CN¥2.94b |
| Total liabilities | CN¥1.41b |
| Total assets | CN¥4.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603277's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 603277's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥343.8M).
Debt to Equity History and Analysis
Debt Level: 603277 has more cash than its total debt.
Reducing Debt: 603277's debt to equity ratio has increased from 10.9% to 11.9% over the past 5 years.
Debt Coverage: 603277's debt is well covered by operating cash flow (189.9%).
Interest Coverage: 603277 earns more interest than it pays, so coverage of interest payments is not a concern.