Wenzhou Yuanfei pet toy products Balance Sheet Health
Financial Health criteria checks 6/6
Wenzhou Yuanfei pet toy products has a total shareholder equity of CN¥1.4B and total debt of CN¥1.0M, which brings its debt-to-equity ratio to 0.08%. Its total assets and total liabilities are CN¥1.5B and CN¥154.2M respectively. Wenzhou Yuanfei pet toy products's EBIT is CN¥144.1M making its interest coverage ratio -1013.4. It has cash and short-term investments of CN¥613.1M.
Key information
0.08%
Debt to equity ratio
CN¥1.03m
Debt
Interest coverage ratio | -1013.4x |
Cash | CN¥613.15m |
Equity | CN¥1.37b |
Total liabilities | CN¥154.18m |
Total assets | CN¥1.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 001222's short term assets (CN¥1.0B) exceed its short term liabilities (CN¥145.7M).
Long Term Liabilities: 001222's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥8.5M).
Debt to Equity History and Analysis
Debt Level: 001222 has more cash than its total debt.
Reducing Debt: 001222's debt to equity ratio has reduced from 3.3% to 0.08% over the past 5 years.
Debt Coverage: 001222's debt is well covered by operating cash flow (8074.6%).
Interest Coverage: 001222 earns more interest than it pays, so coverage of interest payments is not a concern.