Yuan Long Ping High-Tech Agriculture Balance Sheet Health
Financial Health criteria checks 3/6
Yuan Long Ping High-Tech Agriculture has a total shareholder equity of CN¥8.9B and total debt of CN¥12.0B, which brings its debt-to-equity ratio to 135.2%. Its total assets and total liabilities are CN¥25.4B and CN¥16.6B respectively. Yuan Long Ping High-Tech Agriculture's EBIT is CN¥653.2M making its interest coverage ratio 5.8. It has cash and short-term investments of CN¥2.8B.
Key information
135.2%
Debt to equity ratio
CN¥12.00b
Debt
| Interest coverage ratio | 5.8x |
| Cash | CN¥2.81b |
| Equity | CN¥8.87b |
| Total liabilities | CN¥16.55b |
| Total assets | CN¥25.43b |
Recent financial health updates
Recent updates
These 4 Measures Indicate That Yuan Long Ping High-Tech Agriculture (SZSE:000998) Is Using Debt Extensively
Aug 22
Yuan 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¥10.5B) exceed its short term liabilities (CN¥10.1B).
Long Term Liabilities: 000998's short term assets (CN¥10.5B) exceed its long term liabilities (CN¥6.4B).
Debt to Equity History and Analysis
Debt Level: 000998's net debt to equity ratio (103.5%) is considered high.
Reducing Debt: 000998's debt to equity ratio has increased from 86.1% to 135.2% over the past 5 years.
Debt Coverage: 000998's debt is not well covered by operating cash flow (2.5%).
Interest Coverage: 000998's interest payments on its debt are well covered by EBIT (5.8x coverage).