ShenZhen YUTO Packaging Technology Balance Sheet Health
Financial Health criteria checks 6/6
ShenZhen YUTO Packaging Technology has a total shareholder equity of CN¥11.8B and total debt of CN¥5.3B, which brings its debt-to-equity ratio to 44.8%. Its total assets and total liabilities are CN¥21.5B and CN¥9.7B respectively. ShenZhen YUTO Packaging Technology's EBIT is CN¥1.9B making its interest coverage ratio 24.6. It has cash and short-term investments of CN¥4.8B.
Key information
44.8%
Debt to equity ratio
CN¥5.27b
Debt
Interest coverage ratio | 24.6x |
Cash | CN¥4.77b |
Equity | CN¥11.77b |
Total liabilities | CN¥9.73b |
Total assets | CN¥21.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002831's short term assets (CN¥11.9B) exceed its short term liabilities (CN¥7.9B).
Long Term Liabilities: 002831's short term assets (CN¥11.9B) exceed its long term liabilities (CN¥1.8B).
Debt to Equity History and Analysis
Debt Level: 002831's net debt to equity ratio (4.2%) is considered satisfactory.
Reducing Debt: 002831's debt to equity ratio has reduced from 57.5% to 44.8% over the past 5 years.
Debt Coverage: 002831's debt is well covered by operating cash flow (65.1%).
Interest Coverage: 002831's interest payments on its debt are well covered by EBIT (24.6x coverage).