Ganzhou Yihao New Materials Balance Sheet Health
Financial Health criteria checks 4/6
Ganzhou Yihao New Materials has a total shareholder equity of CN¥1.6B and total debt of CN¥437.8M, which brings its debt-to-equity ratio to 28%. Its total assets and total liabilities are CN¥2.5B and CN¥977.1M respectively.
Key information
28.0%
Debt to equity ratio
CN¥437.84m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥451.30m |
| Equity | CN¥1.57b |
| Total liabilities | CN¥977.10m |
| Total assets | CN¥2.54b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 301176's short term assets (CN¥1.5B) exceed its short term liabilities (CN¥929.3M).
Long Term Liabilities: 301176's short term assets (CN¥1.5B) exceed its long term liabilities (CN¥47.8M).
Debt to Equity History and Analysis
Debt Level: 301176 has more cash than its total debt.
Reducing Debt: 301176's debt to equity ratio has reduced from 67.1% to 28% 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.