Yuanli Chemical GroupLtd Balance Sheet Health
Financial Health criteria checks 5/6
Yuanli Chemical GroupLtd has a total shareholder equity of CN¥3.2B and total debt of CN¥99.3M, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are CN¥3.9B and CN¥666.4M respectively. Yuanli Chemical GroupLtd's EBIT is CN¥209.3M making its interest coverage ratio -4.5. It has cash and short-term investments of CN¥1.4B.
Key information
3.1%
Debt to equity ratio
CN¥99.25m
Debt
| Interest coverage ratio | -4.5x |
| Cash | CN¥1.35b |
| Equity | CN¥3.20b |
| Total liabilities | CN¥666.38m |
| Total assets | CN¥3.87b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 603217's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥632.8M).
Long Term Liabilities: 603217's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥33.6M).
Debt to Equity History and Analysis
Debt Level: 603217 has more cash than its total debt.
Reducing Debt: 603217's debt to equity ratio has reduced from 17.5% to 3.1% over the past 5 years.
Debt Coverage: 603217's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603217 earns more interest than it pays, so coverage of interest payments is not a concern.