Tianjin You Fa Steel Pipe Group Stock Balance Sheet Health
Financial Health criteria checks 5/6
Tianjin You Fa Steel Pipe Group Stock has a total shareholder equity of CN¥7.4B and total debt of CN¥4.2B, which brings its debt-to-equity ratio to 56.3%. Its total assets and total liabilities are CN¥21.0B and CN¥13.5B respectively. Tianjin You Fa Steel Pipe Group Stock's EBIT is CN¥675.1M making its interest coverage ratio 6.3. It has cash and short-term investments of CN¥7.4B.
Key information
56.3%
Debt to equity ratio
CN¥4.17b
Debt
| Interest coverage ratio | 6.3x |
| Cash | CN¥7.38b |
| Equity | CN¥7.42b |
| Total liabilities | CN¥13.55b |
| Total assets | CN¥20.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 601686's short term assets (CN¥14.1B) exceed its short term liabilities (CN¥10.7B).
Long Term Liabilities: 601686's short term assets (CN¥14.1B) exceed its long term liabilities (CN¥2.8B).
Debt to Equity History and Analysis
Debt Level: 601686 has more cash than its total debt.
Reducing Debt: 601686's debt to equity ratio has increased from 32.9% to 56.3% over the past 5 years.
Debt Coverage: 601686's debt is well covered by operating cash flow (32.9%).
Interest Coverage: 601686's interest payments on its debt are well covered by EBIT (6.3x coverage).