Yanpai Filtration Technology Balance Sheet Health
Financial Health criteria checks 6/6
Yanpai Filtration Technology has a total shareholder equity of CN¥1.0B and total debt of CN¥291.9M, which brings its debt-to-equity ratio to 29%. Its total assets and total liabilities are CN¥1.5B and CN¥508.2M respectively. Yanpai Filtration Technology's EBIT is CN¥79.0M making its interest coverage ratio 117.3. It has cash and short-term investments of CN¥146.3M.
Key information
29.0%
Debt to equity ratio
CN¥291.94m
Debt
| Interest coverage ratio | 117.3x |
| Cash | CN¥146.29m |
| Equity | CN¥1.01b |
| Total liabilities | CN¥508.21m |
| Total assets | CN¥1.51b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301081's short term assets (CN¥736.0M) exceed its short term liabilities (CN¥322.7M).
Long Term Liabilities: 301081's short term assets (CN¥736.0M) exceed its long term liabilities (CN¥185.5M).
Debt to Equity History and Analysis
Debt Level: 301081's net debt to equity ratio (14.5%) is considered satisfactory.
Reducing Debt: 301081's debt to equity ratio has reduced from 32.5% to 29% over the past 5 years.
Debt Coverage: 301081's debt is well covered by operating cash flow (41.7%).
Interest Coverage: 301081's interest payments on its debt are well covered by EBIT (117.3x coverage).