Ganzhou Yihao New Materials Balance Sheet Health
Financial Health criteria checks 3/6
Ganzhou Yihao New Materials has a total shareholder equity of CN¥1.6B and total debt of CN¥522.6M, which brings its debt-to-equity ratio to 32%. Its total assets and total liabilities are CN¥2.4B and CN¥789.5M respectively.
Key information
32.0%
Debt to equity ratio
CN¥522.57m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥637.33m |
| Equity | CN¥1.63b |
| Total liabilities | CN¥789.51m |
| Total assets | CN¥2.42b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301176's short term assets (CN¥1.6B) exceed its short term liabilities (CN¥767.9M).
Long Term Liabilities: 301176's short term assets (CN¥1.6B) exceed its long term liabilities (CN¥21.6M).
Debt to Equity History and Analysis
Debt Level: 301176 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 301176's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 301176's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 301176's interest payments on its debt are well covered by EBIT.