Yangling Metron New Material Balance Sheet Health
Financial Health criteria checks 5/6
Yangling Metron New Material has a total shareholder equity of CN¥6.7B and total debt of CN¥19.8M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CN¥7.6B and CN¥922.4M respectively. Yangling Metron New Material's EBIT is CN¥1.8B making its interest coverage ratio -92.2. It has cash and short-term investments of CN¥2.3B.
Key information
0.3%
Debt to equity ratio
CN¥19.78m
Debt
Interest coverage ratio | -92.2x |
Cash | CN¥2.34b |
Equity | CN¥6.65b |
Total liabilities | CN¥922.35m |
Total assets | CN¥7.58b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 300861's short term assets (CN¥5.9B) exceed its short term liabilities (CN¥663.5M).
Long Term Liabilities: 300861's short term assets (CN¥5.9B) exceed its long term liabilities (CN¥258.9M).
Debt to Equity History and Analysis
Debt Level: 300861 has more cash than its total debt.
Reducing Debt: 300861's debt to equity ratio has increased from 0% to 0.3% over the past 5 years.
Debt Coverage: 300861's debt is well covered by operating cash flow (2198.7%).
Interest Coverage: 300861 earns more interest than it pays, so coverage of interest payments is not a concern.