YanKer shop FoodLtd Balance Sheet Health
Financial Health criteria checks 4/6
YanKer shop FoodLtd has a total shareholder equity of CN¥1.5B and total debt of CN¥523.4M, which brings its debt-to-equity ratio to 35.8%. Its total assets and total liabilities are CN¥2.9B and CN¥1.4B respectively. YanKer shop FoodLtd's EBIT is CN¥557.8M making its interest coverage ratio 37.9. It has cash and short-term investments of CN¥310.4M.
Key information
35.8%
Debt to equity ratio
CN¥523.43m
Debt
| Interest coverage ratio | 37.9x |
| Cash | CN¥310.42m |
| Equity | CN¥1.46b |
| Total liabilities | CN¥1.41b |
| Total assets | CN¥2.87b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002847's short term assets (CN¥1.3B) do not cover its short term liabilities (CN¥1.4B).
Long Term Liabilities: 002847's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥32.0M).
Debt to Equity History and Analysis
Debt Level: 002847's net debt to equity ratio (14.6%) is considered satisfactory.
Reducing Debt: 002847's debt to equity ratio has increased from 28.8% to 35.8% over the past 5 years.
Debt Coverage: 002847's debt is well covered by operating cash flow (126.9%).
Interest Coverage: 002847's interest payments on its debt are well covered by EBIT (37.9x coverage).