Yibin Tianyuan Group Balance Sheet Health
Financial Health criteria checks 2/6
Yibin Tianyuan Group has a total shareholder equity of CN¥8.2B and total debt of CN¥7.4B, which brings its debt-to-equity ratio to 89.8%. Its total assets and total liabilities are CN¥19.3B and CN¥11.1B respectively.
Key information
89.8%
Debt to equity ratio
CN¥7.36b
Debt
Interest coverage ratio | n/a |
Cash | CN¥3.80b |
Equity | CN¥8.19b |
Total liabilities | CN¥11.07b |
Total assets | CN¥19.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002386's short term assets (CN¥6.7B) do not cover its short term liabilities (CN¥7.3B).
Long Term Liabilities: 002386's short term assets (CN¥6.7B) exceed its long term liabilities (CN¥3.8B).
Debt to Equity History and Analysis
Debt Level: 002386's net debt to equity ratio (43.4%) is considered high.
Reducing Debt: 002386's debt to equity ratio has reduced from 129% to 89.8% over the past 5 years.
Debt Coverage: 002386's debt is not well covered by operating cash flow (5%).
Interest Coverage: Insufficient data to determine if 002386's interest payments on its debt are well covered by EBIT.