Yuanli Chemical GroupLtd Balance Sheet Health
Financial Health criteria checks 4/6
Yuanli Chemical GroupLtd has a total shareholder equity of CN¥3.2B and total debt of CN¥310.0M, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are CN¥4.0B and CN¥752.1M respectively. Yuanli Chemical GroupLtd's EBIT is CN¥196.2M making its interest coverage ratio -4.6. It has cash and short-term investments of CN¥1.5B.
Key information
9.6%
Debt to equity ratio
CN¥310.00m
Debt
| Interest coverage ratio | -4.6x |
| Cash | CN¥1.51b |
| Equity | CN¥3.23b |
| Total liabilities | CN¥752.06m |
| Total assets | CN¥3.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 603217's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥718.4M).
Long Term Liabilities: 603217's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥33.7M).
Debt to Equity History and Analysis
Debt Level: 603217 has more cash than its total debt.
Reducing Debt: 603217's debt to equity ratio has increased from 0.1% to 9.6% over the past 5 years.
Debt Coverage: 603217's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603217 earns more interest than it pays, so coverage of interest payments is not a concern.