Yuancheng Environment Balance Sheet Health
Financial Health criteria checks 3/6
Yuancheng Environment has a total shareholder equity of CN¥1.7B and total debt of CN¥591.3M, which brings its debt-to-equity ratio to 35.6%. Its total assets and total liabilities are CN¥3.6B and CN¥1.9B respectively.
Key information
35.6%
Debt to equity ratio
CN¥591.32m
Debt
Interest coverage ratio | n/a |
Cash | CN¥64.65m |
Equity | CN¥1.66b |
Total liabilities | CN¥1.90b |
Total assets | CN¥3.56b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603388's short term assets (CN¥1.5B) do not cover its short term liabilities (CN¥1.8B).
Long Term Liabilities: 603388's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥126.1M).
Debt to Equity History and Analysis
Debt Level: 603388's net debt to equity ratio (31.7%) is considered satisfactory.
Reducing Debt: 603388's debt to equity ratio has reduced from 76.4% to 35.6% 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.