Yibin Tianyuan Group Balance Sheet Health
Financial Health criteria checks 4/6
Yibin Tianyuan Group has a total shareholder equity of CN¥8.2B and total debt of CN¥6.4B, which brings its debt-to-equity ratio to 77.9%. Its total assets and total liabilities are CN¥18.3B and CN¥10.1B respectively. Yibin Tianyuan Group's EBIT is CN¥1.6M making its interest coverage ratio -0. It has cash and short-term investments of CN¥3.4B.
Key information
77.9%
Debt to equity ratio
CN¥6.38b
Debt
Interest coverage ratio | -0.01x |
Cash | CN¥3.45b |
Equity | CN¥8.19b |
Total liabilities | CN¥10.10b |
Total assets | CN¥18.29b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002386's short term assets (CN¥5.9B) do not cover its short term liabilities (CN¥6.5B).
Long Term Liabilities: 002386's short term assets (CN¥5.9B) exceed its long term liabilities (CN¥3.6B).
Debt to Equity History and Analysis
Debt Level: 002386's net debt to equity ratio (35.8%) is considered satisfactory.
Reducing Debt: 002386's debt to equity ratio has reduced from 116.6% to 77.9% over the past 5 years.
Debt Coverage: 002386's debt is not well covered by operating cash flow (5.7%).
Interest Coverage: 002386 earns more interest than it pays, so coverage of interest payments is not a concern.