Yunnan Tourism Balance Sheet Health
Financial Health criteria checks 3/6
Yunnan Tourism has a total shareholder equity of CN¥1.5B and total debt of CN¥493.5M, which brings its debt-to-equity ratio to 32.1%. Its total assets and total liabilities are CN¥3.8B and CN¥2.3B respectively.
Key information
32.1%
Debt to equity ratio
CN¥493.50m
Debt
Interest coverage ratio | n/a |
Cash | CN¥458.89m |
Equity | CN¥1.54b |
Total liabilities | CN¥2.30b |
Total assets | CN¥3.84b |
Financial Position Analysis
Short Term Liabilities: 002059's short term assets (CN¥1.0B) do not cover its short term liabilities (CN¥1.4B).
Long Term Liabilities: 002059's short term assets (CN¥1.0B) exceed its long term liabilities (CN¥926.1M).
Debt to Equity History and Analysis
Debt Level: 002059's net debt to equity ratio (2.3%) is considered satisfactory.
Reducing Debt: 002059's debt to equity ratio has reduced from 36.9% to 32.1% over the past 5 years.
Debt Coverage: 002059's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 002059's interest payments on its debt are well covered by EBIT.