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¥10.0B and total debt of CN¥11.8B, which brings its debt-to-equity ratio to 117.7%. Its total assets and total liabilities are CN¥26.9B and CN¥16.9B respectively. Yuan Long Ping High-Tech Agriculture's EBIT is CN¥779.8M making its interest coverage ratio 1.7. It has cash and short-term investments of CN¥3.4B.
Key information
117.7%
Debt to equity ratio
CN¥11.78b
Debt
| Interest coverage ratio | 1.7x |
| Cash | CN¥3.45b |
| Equity | CN¥10.00b |
| Total liabilities | CN¥16.89b |
| Total assets | CN¥26.90b |
Recent financial health updates
No updates
Recent updates
Growth Investors: Industry Analysts Just Upgraded Their Yuan Long Ping High-Tech Agriculture Co., Ltd. (SZSE:000998) Revenue Forecasts By 18%
Apr 30
Estimating 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) exceed its short term liabilities (CN¥10.9B).
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 (83.2%) is considered high.
Reducing Debt: 000998's debt to equity ratio has increased from 85.7% to 117.7% over the past 5 years.
Debt Coverage: 000998's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: 000998's interest payments on its debt are not well covered by EBIT (1.7x coverage).