Yongtaiyun Chemical LogisticsLtd Balance Sheet Health
Financial Health criteria checks 4/6
Yongtaiyun Chemical LogisticsLtd has a total shareholder equity of CN¥1.9B and total debt of CN¥1.1B, which brings its debt-to-equity ratio to 59.4%. Its total assets and total liabilities are CN¥4.0B and CN¥2.2B respectively. Yongtaiyun Chemical LogisticsLtd's EBIT is CN¥136.7M making its interest coverage ratio -310.2. It has cash and short-term investments of CN¥586.8M.
Key information
59.4%
Debt to equity ratio
CN¥1.11b
Debt
| Interest coverage ratio | -310.2x |
| Cash | CN¥586.76m |
| Equity | CN¥1.86b |
| Total liabilities | CN¥2.18b |
| Total assets | CN¥4.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 001228's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥2.0B).
Long Term Liabilities: 001228's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥165.1M).
Debt to Equity History and Analysis
Debt Level: 001228's net debt to equity ratio (27.9%) is considered satisfactory.
Reducing Debt: 001228's debt to equity ratio has increased from 33.3% to 59.4% over the past 5 years.
Debt Coverage: 001228's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 001228 earns more interest than it pays, so coverage of interest payments is not a concern.