Fujian Yuanli Active CarbonLtd Balance Sheet Health
Financial Health criteria checks 6/6
Fujian Yuanli Active CarbonLtd has a total shareholder equity of CN¥3.2B and total debt of CN¥342.7M, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are CN¥3.9B and CN¥651.7M respectively. Fujian Yuanli Active CarbonLtd's EBIT is CN¥236.5M making its interest coverage ratio -2.5. It has cash and short-term investments of CN¥1.5B.
Key information
10.6%
Debt to equity ratio
CN¥342.73m
Debt
Interest coverage ratio | -2.5x |
Cash | CN¥1.53b |
Equity | CN¥3.22b |
Total liabilities | CN¥651.73m |
Total assets | CN¥3.87b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 300174's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥527.4M).
Long Term Liabilities: 300174's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥124.4M).
Debt to Equity History and Analysis
Debt Level: 300174 has more cash than its total debt.
Reducing Debt: 300174's debt to equity ratio has reduced from 44.4% to 10.6% over the past 5 years.
Debt Coverage: 300174's debt is well covered by operating cash flow (67.1%).
Interest Coverage: 300174 earns more interest than it pays, so coverage of interest payments is not a concern.