Yindu Kitchen Equipment Balance Sheet Health
Financial Health criteria checks 5/6
Yindu Kitchen Equipment has a total shareholder equity of CN¥2.8B and total debt of CN¥331.1M, which brings its debt-to-equity ratio to 12%. Its total assets and total liabilities are CN¥4.0B and CN¥1.3B respectively. Yindu Kitchen Equipment's EBIT is CN¥604.6M making its interest coverage ratio -11.5. It has cash and short-term investments of CN¥1.3B.
Key information
12.0%
Debt to equity ratio
CN¥331.15m
Debt
| Interest coverage ratio | -11.5x |
| Cash | CN¥1.31b |
| Equity | CN¥2.75b |
| Total liabilities | CN¥1.29b |
| Total assets | CN¥4.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603277's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥940.5M).
Long Term Liabilities: 603277's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥351.6M).
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 9.5% to 12% over the past 5 years.
Debt Coverage: 603277's debt is well covered by operating cash flow (214.9%).
Interest Coverage: 603277 earns more interest than it pays, so coverage of interest payments is not a concern.