Shenzhen Yitoa Intelligent ControlLtd Balance Sheet Health
Financial Health criteria checks 5/6
Shenzhen Yitoa Intelligent ControlLtd has a total shareholder equity of CN¥1.7B and total debt of CN¥718.6M, which brings its debt-to-equity ratio to 41.3%. Its total assets and total liabilities are CN¥3.6B and CN¥1.9B respectively. Shenzhen Yitoa Intelligent ControlLtd's EBIT is CN¥104.0M making its interest coverage ratio 2.7. It has cash and short-term investments of CN¥457.0M.
Key information
41.3%
Debt to equity ratio
CN¥718.61m
Debt
| Interest coverage ratio | 2.7x |
| Cash | CN¥456.97m |
| Equity | CN¥1.74b |
| Total liabilities | CN¥1.88b |
| Total assets | CN¥3.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 300131's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.7B).
Long Term Liabilities: 300131's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥212.3M).
Debt to Equity History and Analysis
Debt Level: 300131's net debt to equity ratio (15%) is considered satisfactory.
Reducing Debt: 300131's debt to equity ratio has reduced from 118.5% to 41.3% over the past 5 years.
Debt Coverage: 300131's debt is well covered by operating cash flow (45.6%).
Interest Coverage: 300131's interest payments on its debt are not well covered by EBIT (2.7x coverage).