Zhejiang Yonghe Refrigerant Balance Sheet Health
Financial Health criteria checks 1/6
Zhejiang Yonghe Refrigerant has a total shareholder equity of CN¥2.7B and total debt of CN¥2.9B, which brings its debt-to-equity ratio to 107.5%. Its total assets and total liabilities are CN¥7.2B and CN¥4.5B respectively. Zhejiang Yonghe Refrigerant's EBIT is CN¥197.9M making its interest coverage ratio 2.2. It has cash and short-term investments of CN¥257.9M.
Key information
107.5%
Debt to equity ratio
CN¥2.94b
Debt
| Interest coverage ratio | 2.2x |
| Cash | CN¥257.88m |
| Equity | CN¥2.74b |
| Total liabilities | CN¥4.49b |
| Total assets | CN¥7.23b |
Recent financial health updates
Recent updates
Weak Statutory Earnings May Not Tell The Whole Story For Zhejiang Yonghe Refrigerant (SHSE:605020)
Nov 06
Zhejiang Yonghe Refrigerant (SHSE:605020) Will Be Hoping To Turn Its Returns On Capital Around
Sep 27Here's Why Zhejiang Yonghe Refrigerant (SHSE:605020) Is Weighed Down By Its Debt Load
Aug 19Zhejiang Yonghe Refrigerant Co., Ltd.'s (SHSE:605020) Stock Retreats 25% But Earnings Haven't Escaped The Attention Of Investors
Jul 05Here's What's Concerning About Zhejiang Yonghe Refrigerant's (SHSE:605020) Returns On Capital
May 25Zhejiang Yonghe Refrigerant's (SHSE:605020) Anemic Earnings Might Be Worse Than You Think
May 02Financial Position Analysis
Short Term Liabilities: 605020's short term assets (CN¥1.8B) do not cover its short term liabilities (CN¥2.8B).
Long Term Liabilities: 605020's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥1.7B).
Debt to Equity History and Analysis
Debt Level: 605020's net debt to equity ratio (98.1%) is considered high.
Reducing Debt: 605020's debt to equity ratio has increased from 23.6% to 107.5% over the past 5 years.
Debt Coverage: 605020's debt is not well covered by operating cash flow (18.4%).
Interest Coverage: 605020's interest payments on its debt are not well covered by EBIT (2.2x coverage).