Beijing Yuanlong Yato Culture DisseminationLtd Balance Sheet Health
Financial Health criteria checks 3/6
Beijing Yuanlong Yato Culture DisseminationLtd has a total shareholder equity of CN¥1.6B and total debt of CN¥529.8M, which brings its debt-to-equity ratio to 33.6%. Its total assets and total liabilities are CN¥2.7B and CN¥1.1B respectively. Beijing Yuanlong Yato Culture DisseminationLtd's EBIT is CN¥29.9M making its interest coverage ratio 2.5. It has cash and short-term investments of CN¥1.0B.
Key information
33.6%
Debt to equity ratio
CN¥529.81m
Debt
| Interest coverage ratio | 2.5x |
| Cash | CN¥1.03b |
| Equity | CN¥1.57b |
| Total liabilities | CN¥1.08b |
| Total assets | CN¥2.65b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002878's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 002878's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥12.3M).
Debt to Equity History and Analysis
Debt Level: 002878 has more cash than its total debt.
Reducing Debt: 002878's debt to equity ratio has increased from 0.09% to 33.6% over the past 5 years.
Debt Coverage: 002878's debt is not well covered by operating cash flow (0.8%).
Interest Coverage: 002878's interest payments on its debt are not well covered by EBIT (2.5x coverage).