Zhejiang Yangfan New Materials Balance Sheet Health
Financial Health criteria checks 1/6
Zhejiang Yangfan New Materials has a total shareholder equity of CN¥699.2M and total debt of CN¥501.9M, which brings its debt-to-equity ratio to 71.8%. Its total assets and total liabilities are CN¥1.3B and CN¥625.8M respectively.
Key information
71.8%
Debt to equity ratio
CN¥501.86m
Debt
Interest coverage ratio | n/a |
Cash | CN¥96.85m |
Equity | CN¥699.21m |
Total liabilities | CN¥625.79m |
Total assets | CN¥1.32b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300637's short term assets (CN¥398.6M) do not cover its short term liabilities (CN¥561.5M).
Long Term Liabilities: 300637's short term assets (CN¥398.6M) exceed its long term liabilities (CN¥64.3M).
Debt to Equity History and Analysis
Debt Level: 300637's net debt to equity ratio (57.9%) is considered high.
Reducing Debt: 300637's debt to equity ratio has increased from 1.4% to 71.8% over the past 5 years.
Debt Coverage: 300637's debt is not well covered by operating cash flow (6.7%).
Interest Coverage: Insufficient data to determine if 300637's interest payments on its debt are well covered by EBIT.