Jiangsu Yabang Dyestuff Balance Sheet Health
Financial Health criteria checks 2/6
Jiangsu Yabang Dyestuff has a total shareholder equity of CN¥1.2B and total debt of CN¥377.7M, which brings its debt-to-equity ratio to 32.6%. Its total assets and total liabilities are CN¥2.4B and CN¥1.3B respectively.
Key information
32.6%
Debt to equity ratio
CN¥377.74m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥32.98m |
| Equity | CN¥1.16b |
| Total liabilities | CN¥1.25b |
| Total assets | CN¥2.41b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603188's short term assets (CN¥679.4M) do not cover its short term liabilities (CN¥1.2B).
Long Term Liabilities: 603188's short term assets (CN¥679.4M) exceed its long term liabilities (CN¥47.4M).
Debt to Equity History and Analysis
Debt Level: 603188's net debt to equity ratio (29.7%) is considered satisfactory.
Reducing Debt: 603188's debt to equity ratio has increased from 9.6% to 32.6% over the past 5 years.
Debt Coverage: 603188's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 603188's interest payments on its debt are well covered by EBIT.