ShenZhen YUTO Packaging Technology Balance Sheet Health
Financial Health criteria checks 6/6
ShenZhen YUTO Packaging Technology has a total shareholder equity of CN¥11.7B and total debt of CN¥5.4B, which brings its debt-to-equity ratio to 46.4%. Its total assets and total liabilities are CN¥22.7B and CN¥11.0B respectively. ShenZhen YUTO Packaging Technology's EBIT is CN¥2.0B making its interest coverage ratio 31. It has cash and short-term investments of CN¥4.3B.
Key information
46.4%
Debt to equity ratio
CN¥5.42b
Debt
| Interest coverage ratio | 31x |
| Cash | CN¥4.26b |
| Equity | CN¥11.69b |
| Total liabilities | CN¥11.01b |
| Total assets | CN¥22.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 002831's short term assets (CN¥12.9B) exceed its short term liabilities (CN¥9.6B).
Long Term Liabilities: 002831's short term assets (CN¥12.9B) exceed its long term liabilities (CN¥1.4B).
Debt to Equity History and Analysis
Debt Level: 002831's net debt to equity ratio (9.9%) is considered satisfactory.
Reducing Debt: 002831's debt to equity ratio has reduced from 56.3% to 46.4% over the past 5 years.
Debt Coverage: 002831's debt is well covered by operating cash flow (49.9%).
Interest Coverage: 002831's interest payments on its debt are well covered by EBIT (31x coverage).