Yuancheng Environment Balance Sheet Health
Financial Health criteria checks 3/6
Yuancheng Environment has a total shareholder equity of CN¥1.2B and total debt of CN¥520.1M, which brings its debt-to-equity ratio to 45.2%. Its total assets and total liabilities are CN¥2.6B and CN¥1.5B respectively.
Key information
45.2%
Debt to equity ratio
CN¥520.14m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥8.49m |
| Equity | CN¥1.15b |
| Total liabilities | CN¥1.49b |
| Total assets | CN¥2.65b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603388's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥1.4B).
Long Term Liabilities: 603388's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥135.2M).
Debt to Equity History and Analysis
Debt Level: 603388's net debt to equity ratio (44.4%) is considered high.
Reducing Debt: 603388's debt to equity ratio has reduced from 68.5% to 45.2% over the past 5 years.
Debt Coverage: 603388's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 603388's interest payments on its debt are well covered by EBIT.