Fujian Yuanli Active CarbonLtd Balance Sheet Health
Financial Health criteria checks 6/6
Fujian Yuanli Active CarbonLtd has a total shareholder equity of CN¥3.3B and total debt of CN¥312.2M, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are CN¥3.9B and CN¥618.5M respectively. Fujian Yuanli Active CarbonLtd's EBIT is CN¥241.9M making its interest coverage ratio -3.4. It has cash and short-term investments of CN¥1.6B.
Key information
9.4%
Debt to equity ratio
CN¥312.16m
Debt
| Interest coverage ratio | -3.4x |
| Cash | CN¥1.55b |
| Equity | CN¥3.30b |
| Total liabilities | CN¥618.50m |
| Total assets | CN¥3.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300174's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥452.4M).
Long Term Liabilities: 300174's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥166.1M).
Debt to Equity History and Analysis
Debt Level: 300174 has more cash than its total debt.
Reducing Debt: 300174's debt to equity ratio has reduced from 41.1% to 9.4% over the past 5 years.
Debt Coverage: 300174's debt is well covered by operating cash flow (80.9%).
Interest Coverage: 300174 earns more interest than it pays, so coverage of interest payments is not a concern.