Hangzhou Youngsun Intelligent Equipment Balance Sheet Health
Financial Health criteria checks 4/6
Hangzhou Youngsun Intelligent Equipment has a total shareholder equity of CN¥2.8B and total debt of CN¥1.7B, which brings its debt-to-equity ratio to 62.4%. Its total assets and total liabilities are CN¥7.0B and CN¥4.2B respectively. Hangzhou Youngsun Intelligent Equipment's EBIT is CN¥152.7M making its interest coverage ratio 8.3. It has cash and short-term investments of CN¥710.0M.
Key information
62.4%
Debt to equity ratio
CN¥1.72b
Debt
Interest coverage ratio | 8.3x |
Cash | CN¥710.04m |
Equity | CN¥2.76b |
Total liabilities | CN¥4.21b |
Total assets | CN¥6.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603901's short term assets (CN¥4.6B) exceed its short term liabilities (CN¥2.7B).
Long Term Liabilities: 603901's short term assets (CN¥4.6B) exceed its long term liabilities (CN¥1.5B).
Debt to Equity History and Analysis
Debt Level: 603901's net debt to equity ratio (36.7%) is considered satisfactory.
Reducing Debt: 603901's debt to equity ratio has increased from 33.5% to 62.4% over the past 5 years.
Debt Coverage: 603901's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: 603901's interest payments on its debt are well covered by EBIT (8.3x coverage).