ShenZhen YUTO Packaging Technology Balance Sheet Health
Financial Health criteria checks 6/6
ShenZhen YUTO Packaging Technology has a total shareholder equity of CN¥11.7B and total debt of CN¥5.4B, which brings its debt-to-equity ratio to 46.4%. Its total assets and total liabilities are CN¥22.7B and CN¥11.0B respectively. ShenZhen YUTO Packaging Technology's EBIT is CN¥2.0B making its interest coverage ratio 31. It has cash and short-term investments of CN¥4.3B.
Key information
46.4%
Debt to equity ratio
CN¥5.42b
Debt
| Interest coverage ratio | 31x |
| Cash | CN¥4.26b |
| Equity | CN¥11.69b |
| Total liabilities | CN¥11.01b |
| Total assets | CN¥22.70b |
Recent financial health updates
We Think ShenZhen YUTO Packaging Technology (SZSE:002831) Can Manage Its Debt With Ease
Nov 20
Does ShenZhen YUTO Packaging Technology (SZSE:002831) Have A Healthy Balance Sheet?
Jul 02Recent updates
We Think ShenZhen YUTO Packaging Technology (SZSE:002831) Can Manage Its Debt With Ease
Nov 20ShenZhen YUTO Packaging Technology's (SZSE:002831) Returns Have Hit A Wall
Oct 25Lacklustre Performance Is Driving ShenZhen YUTO Packaging Technology Co., Ltd.'s (SZSE:002831) Low P/E
Sep 15Does ShenZhen YUTO Packaging Technology (SZSE:002831) Have A Healthy Balance Sheet?
Jul 02ShenZhen YUTO Packaging Technology (SZSE:002831) Will Be Hoping To Turn Its Returns On Capital Around
Jun 10Benign Growth For ShenZhen YUTO Packaging Technology Co., Ltd. (SZSE:002831) Underpins Its Share Price
May 21Here's What To Make Of ShenZhen YUTO Packaging Technology's (SZSE:002831) Decelerating Rates Of Return
Mar 01Financial Position Analysis
Short Term Liabilities: 002831's short term assets (CN¥12.9B) exceed its short term liabilities (CN¥9.6B).
Long Term Liabilities: 002831's short term assets (CN¥12.9B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 002831's net debt to equity ratio (9.9%) is considered satisfactory.
Reducing Debt: 002831's debt to equity ratio has reduced from 56.3% to 46.4% over the past 5 years.
Debt Coverage: 002831's debt is well covered by operating cash flow (49.9%).
Interest Coverage: 002831's interest payments on its debt are well covered by EBIT (31x coverage).