Yongtaiyun Chemical LogisticsLtd Balance Sheet Health
Financial Health criteria checks 5/6
Yongtaiyun Chemical LogisticsLtd has a total shareholder equity of CN¥1.9B and total debt of CN¥466.8M, which brings its debt-to-equity ratio to 24.8%. Its total assets and total liabilities are CN¥4.5B and CN¥2.6B respectively. Yongtaiyun Chemical LogisticsLtd's EBIT is CN¥163.1M making its interest coverage ratio 560.5. It has cash and short-term investments of CN¥998.7M.
Key information
24.8%
Debt to equity ratio
CN¥466.84m
Debt
| Interest coverage ratio | 560.5x |
| Cash | CN¥998.66m |
| Equity | CN¥1.89b |
| Total liabilities | CN¥2.57b |
| Total assets | CN¥4.45b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 001228's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥2.4B).
Long Term Liabilities: 001228's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥176.4M).
Debt to Equity History and Analysis
Debt Level: 001228 has more cash than its total debt.
Reducing Debt: 001228's debt to equity ratio has reduced from 35.3% to 24.8% over the past 5 years.
Debt Coverage: 001228's debt is not well covered by operating cash flow (5.2%).
Interest Coverage: 001228's interest payments on its debt are well covered by EBIT (560.5x coverage).