Yinbang Clad MaterialLtd Balance Sheet Health
Financial Health criteria checks 2/6
Yinbang Clad MaterialLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥2.3B, which brings its debt-to-equity ratio to 136.5%. Its total assets and total liabilities are CN¥4.5B and CN¥2.9B respectively. Yinbang Clad MaterialLtd's EBIT is CN¥174.2M making its interest coverage ratio 2.1. It has cash and short-term investments of CN¥200.3M.
Key information
136.5%
Debt to equity ratio
CN¥2.25b
Debt
| Interest coverage ratio | 2.1x |
| Cash | CN¥200.27m |
| Equity | CN¥1.65b |
| Total liabilities | CN¥2.86b |
| Total assets | CN¥4.51b |
Recent financial health updates
No updates
Recent updates
If EPS Growth Is Important To You, Yinbang Clad MaterialLtd (SZSE:300337) Presents An Opportunity
Jun 26
There May Be Reason For Hope In Yinbang Clad MaterialLtd's (SZSE:300337) Disappointing Earnings
Apr 04The Market Lifts Yinbang Clad Material Co.,Ltd (SZSE:300337) Shares 38% But It Can Do More
Mar 06Financial Position Analysis
Short Term Liabilities: 300337's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥747.7M).
Long Term Liabilities: 300337's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥2.1B).
Debt to Equity History and Analysis
Debt Level: 300337's net debt to equity ratio (124.4%) is considered high.
Reducing Debt: 300337's debt to equity ratio has increased from 74.1% to 136.5% over the past 5 years.
Debt Coverage: 300337's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 300337's interest payments on its debt are not well covered by EBIT (2.1x coverage).