Yuan Long Ping High-Tech Agriculture Balance Sheet Health
Financial Health criteria checks 2/6
Yuan Long Ping High-Tech Agriculture has a total shareholder equity of CN¥8.1B and total debt of CN¥12.0B, which brings its debt-to-equity ratio to 148.1%. Its total assets and total liabilities are CN¥26.3B and CN¥18.2B respectively. Yuan Long Ping High-Tech Agriculture's EBIT is CN¥678.4M making its interest coverage ratio 7.3. It has cash and short-term investments of CN¥3.7B.
Key information
148.1%
Debt to equity ratio
CN¥11.95b
Debt
| Interest coverage ratio | 7.3x |
| Cash | CN¥3.73b |
| Equity | CN¥8.07b |
| Total liabilities | CN¥18.21b |
| Total assets | CN¥26.28b |
Recent financial health updates
Recent updates
Why Yuan Long Ping High-Tech Agriculture's (SZSE:000998) Earnings Are Better Than They Seem
Nov 06
These 4 Measures Indicate That Yuan Long Ping High-Tech Agriculture (SZSE:000998) Is Using Debt Extensively
Aug 22Yuan Long Ping High-Tech Agriculture Co., Ltd.'s (SZSE:000998) Price Is Out Of Tune With Revenues
Aug 05Capital Allocation Trends At Yuan Long Ping High-Tech Agriculture (SZSE:000998) Aren't Ideal
Jun 30Yuan Long Ping High-Tech Agriculture's (SZSE:000998) Strong Earnings Are Of Good Quality
May 05Growth Investors: Industry Analysts Just Upgraded Their Yuan Long Ping High-Tech Agriculture Co., Ltd. (SZSE:000998) Revenue Forecasts By 18%
Apr 30Estimating The Intrinsic Value Of Yuan Long Ping High-Tech Agriculture Co., Ltd. (SZSE:000998)
Mar 21Yuan Long Ping High-Tech Agriculture Co., Ltd.'s (SZSE:000998) Earnings Haven't Escaped The Attention Of Investors
Feb 29Financial Position Analysis
Short Term Liabilities: 000998's short term assets (CN¥11.2B) do not cover its short term liabilities (CN¥12.2B).
Long Term Liabilities: 000998's short term assets (CN¥11.2B) exceed its long term liabilities (CN¥6.0B).
Debt to Equity History and Analysis
Debt Level: 000998's net debt to equity ratio (101.9%) is considered high.
Reducing Debt: 000998's debt to equity ratio has increased from 98.4% to 148.1% over the past 5 years.
Debt Coverage: 000998's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 000998's interest payments on its debt are well covered by EBIT (7.3x coverage).