Hubei Yihua Chemical Industry Balance Sheet Health
Financial Health criteria checks 3/6
Hubei Yihua Chemical Industry has a total shareholder equity of CN¥8.6B and total debt of CN¥8.8B, which brings its debt-to-equity ratio to 103.3%. Its total assets and total liabilities are CN¥22.4B and CN¥13.8B respectively. Hubei Yihua Chemical Industry's EBIT is CN¥660.6M making its interest coverage ratio -3.5. It has cash and short-term investments of CN¥3.8B.
Key information
103.3%
Debt to equity ratio
CN¥8.84b
Debt
Interest coverage ratio | -3.5x |
Cash | CN¥3.83b |
Equity | CN¥8.56b |
Total liabilities | CN¥13.80b |
Total assets | CN¥22.36b |
Recent financial health updates
Recent updates
Hubei Yihua Chemical Industry (SZSE:000422) Could Be Struggling To Allocate Capital
Jul 29Here's Why Hubei Yihua Chemical Industry (SZSE:000422) Has A Meaningful Debt Burden
Jul 12Hubei Yihua Chemical Industry Co., Ltd. (SZSE:000422) Shares Could Be 25% Below Their Intrinsic Value Estimate
Jun 20When Should You Buy Hubei Yihua Chemical Industry Co., Ltd. (SZSE:000422)?
Jun 05Hubei Yihua Chemical Industry Co., Ltd.'s (SZSE:000422) Price Is Right But Growth Is Lacking After Shares Rocket 33%
May 21Hubei Yihua Chemical Industry's (SZSE:000422) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 21Insufficient Growth At Hubei Yihua Chemical Industry Co., Ltd. (SZSE:000422) Hampers Share Price
Apr 02Financial Position Analysis
Short Term Liabilities: 000422's short term assets (CN¥6.3B) do not cover its short term liabilities (CN¥9.2B).
Long Term Liabilities: 000422's short term assets (CN¥6.3B) exceed its long term liabilities (CN¥4.6B).
Debt to Equity History and Analysis
Debt Level: 000422's net debt to equity ratio (58.5%) is considered high.
Reducing Debt: 000422's debt to equity ratio has reduced from 791.7% to 103.3% over the past 5 years.
Debt Coverage: 000422's debt is not well covered by operating cash flow (11%).
Interest Coverage: 000422 earns more interest than it pays, so coverage of interest payments is not a concern.