Tianjin Yiyi Hygiene ProductsLtd Balance Sheet Health
Financial Health criteria checks 6/6
Tianjin Yiyi Hygiene ProductsLtd has a total shareholder equity of CN¥1.8B and total debt of CN¥2.6M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are CN¥2.0B and CN¥211.1M respectively. Tianjin Yiyi Hygiene ProductsLtd's EBIT is CN¥177.0M making its interest coverage ratio 15.3. It has cash and short-term investments of CN¥764.9M.
Key information
0.1%
Debt to equity ratio
CN¥2.61m
Debt
Interest coverage ratio | 15.3x |
Cash | CN¥764.90m |
Equity | CN¥1.81b |
Total liabilities | CN¥211.15m |
Total assets | CN¥2.02b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 001206's short term assets (CN¥1.2B) exceed its short term liabilities (CN¥193.7M).
Long Term Liabilities: 001206's short term assets (CN¥1.2B) exceed its long term liabilities (CN¥17.5M).
Debt to Equity History and Analysis
Debt Level: 001206 has more cash than its total debt.
Reducing Debt: 001206's debt to equity ratio has reduced from 30.3% to 0.1% over the past 5 years.
Debt Coverage: 001206's debt is well covered by operating cash flow (6268.5%).
Interest Coverage: 001206's interest payments on its debt are well covered by EBIT (15.3x coverage).