YanKer shop FoodLtd Balance Sheet Health
Financial Health criteria checks 5/6
YanKer shop FoodLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥598.5M, which brings its debt-to-equity ratio to 38.4%. Its total assets and total liabilities are CN¥3.1B and CN¥1.5B respectively. YanKer shop FoodLtd's EBIT is CN¥576.2M making its interest coverage ratio 54.1. It has cash and short-term investments of CN¥269.4M.
Key information
38.4%
Debt to equity ratio
CN¥598.48m
Debt
| Interest coverage ratio | 54.1x |
| Cash | CN¥269.36m |
| Equity | CN¥1.56b |
| Total liabilities | CN¥1.52b |
| Total assets | CN¥3.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002847's short term assets (CN¥1.2B) do not cover its short term liabilities (CN¥1.4B).
Long Term Liabilities: 002847's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥170.8M).
Debt to Equity History and Analysis
Debt Level: 002847's net debt to equity ratio (21.1%) is considered satisfactory.
Reducing Debt: 002847's debt to equity ratio has reduced from 39.4% to 38.4% over the past 5 years.
Debt Coverage: 002847's debt is well covered by operating cash flow (186.2%).
Interest Coverage: 002847's interest payments on its debt are well covered by EBIT (54.1x coverage).