Chongqing Yukaifa Balance Sheet Health
Financial Health criteria checks 5/6
Chongqing Yukaifa has a total shareholder equity of CN¥4.3B and total debt of CN¥1.2B, which brings its debt-to-equity ratio to 28.4%. Its total assets and total liabilities are CN¥8.0B and CN¥3.7B respectively. Chongqing Yukaifa's EBIT is CN¥394.4M making its interest coverage ratio -121.8. It has cash and short-term investments of CN¥915.8M.
Key information
28.4%
Debt to equity ratio
CN¥1.22b
Debt
Interest coverage ratio | -121.8x |
Cash | CN¥915.79m |
Equity | CN¥4.31b |
Total liabilities | CN¥3.70b |
Total assets | CN¥8.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000514's short term assets (CN¥5.3B) exceed its short term liabilities (CN¥2.8B).
Long Term Liabilities: 000514's short term assets (CN¥5.3B) exceed its long term liabilities (CN¥863.6M).
Debt to Equity History and Analysis
Debt Level: 000514's net debt to equity ratio (7.2%) is considered satisfactory.
Reducing Debt: 000514's debt to equity ratio has reduced from 43.5% to 28.4% over the past 5 years.
Debt Coverage: 000514's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: 000514 earns more interest than it pays, so coverage of interest payments is not a concern.