Zhejiang Yonghe Refrigerant Balance Sheet Health
Financial Health criteria checks 2/6
Zhejiang Yonghe Refrigerant has a total shareholder equity of CN¥2.7B and total debt of CN¥2.8B, which brings its debt-to-equity ratio to 101.7%. Its total assets and total liabilities are CN¥7.2B and CN¥4.5B respectively. Zhejiang Yonghe Refrigerant's EBIT is CN¥209.6M making its interest coverage ratio 2.6. It has cash and short-term investments of CN¥269.3M.
Key information
101.7%
Debt to equity ratio
CN¥2.78b
Debt
| Interest coverage ratio | 2.6x |
| Cash | CN¥269.33m |
| Equity | CN¥2.74b |
| Total liabilities | CN¥4.48b |
| Total assets | CN¥7.22b |
Recent financial health updates
Recent updates
Zhejiang Yonghe Refrigerant (SHSE:605020) Will Be Hoping To Turn Its Returns On Capital Around
Sep 27
Here'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¥1.9B) do not cover its short term liabilities (CN¥2.9B).
Long Term Liabilities: 605020's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥1.6B).
Debt to Equity History and Analysis
Debt Level: 605020's net debt to equity ratio (91.9%) is considered high.
Reducing Debt: 605020's debt to equity ratio has increased from 22.9% to 101.7% over the past 5 years.
Debt Coverage: 605020's debt is well covered by operating cash flow (21.9%).
Interest Coverage: 605020's interest payments on its debt are not well covered by EBIT (2.6x coverage).