Chongqing Yukaifa Balance Sheet Health
Financial Health criteria checks 4/6
Chongqing Yukaifa has a total shareholder equity of CN¥4.3B and total debt of CN¥1.3B, which brings its debt-to-equity ratio to 29.5%. Its total assets and total liabilities are CN¥7.9B and CN¥3.6B respectively. Chongqing Yukaifa's EBIT is CN¥170.1M making its interest coverage ratio 3.7. It has cash and short-term investments of CN¥840.6M.
Key information
29.5%
Debt to equity ratio
CN¥1.26b
Debt
| Interest coverage ratio | 3.7x |
| Cash | CN¥840.62m |
| Equity | CN¥4.27b |
| Total liabilities | CN¥3.63b |
| Total assets | CN¥7.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000514's short term assets (CN¥5.2B) exceed its short term liabilities (CN¥2.5B).
Long Term Liabilities: 000514's short term assets (CN¥5.2B) exceed its long term liabilities (CN¥1.1B).
Debt to Equity History and Analysis
Debt Level: 000514's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: 000514's debt to equity ratio has increased from 23.9% to 29.5% over the past 5 years.
Debt Coverage: 000514's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: 000514's interest payments on its debt are well covered by EBIT (3.7x coverage).