Shenzhen Yitoa Intelligent ControlLtd Balance Sheet Health
Financial Health criteria checks 6/6
Shenzhen Yitoa Intelligent ControlLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥570.6M, which brings its debt-to-equity ratio to 33.3%. Its total assets and total liabilities are CN¥3.4B and CN¥1.7B respectively. Shenzhen Yitoa Intelligent ControlLtd's EBIT is CN¥100.8M making its interest coverage ratio 3. It has cash and short-term investments of CN¥371.8M.
Key information
33.3%
Debt to equity ratio
CN¥570.62m
Debt
| Interest coverage ratio | 3x |
| Cash | CN¥371.84m |
| Equity | CN¥1.72b |
| Total liabilities | CN¥1.67b |
| Total assets | CN¥3.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300131's short term assets (CN¥2.2B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 300131's short term assets (CN¥2.2B) exceed its long term liabilities (CN¥217.4M).
Debt to Equity History and Analysis
Debt Level: 300131's net debt to equity ratio (11.6%) is considered satisfactory.
Reducing Debt: 300131's debt to equity ratio has reduced from 101.5% to 33.3% over the past 5 years.
Debt Coverage: 300131's debt is well covered by operating cash flow (49.3%).
Interest Coverage: 300131's interest payments on its debt are well covered by EBIT (3x coverage).