NYOCOR Balance Sheet Health
Financial Health criteria checks 2/6
NYOCOR has a total shareholder equity of CN¥9.9B and total debt of CN¥22.1B, which brings its debt-to-equity ratio to 223.1%. Its total assets and total liabilities are CN¥37.2B and CN¥27.2B respectively. NYOCOR's EBIT is CN¥1.7B making its interest coverage ratio 2.6. It has cash and short-term investments of CN¥1.3B.
Key information
223.1%
Debt to equity ratio
CN¥22.11b
Debt
| Interest coverage ratio | 2.6x |
| Cash | CN¥1.30b |
| Equity | CN¥9.91b |
| Total liabilities | CN¥27.24b |
| Total assets | CN¥37.16b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600821's short term assets (CN¥10.3B) exceed its short term liabilities (CN¥8.3B).
Long Term Liabilities: 600821's short term assets (CN¥10.3B) do not cover its long term liabilities (CN¥18.9B).
Debt to Equity History and Analysis
Debt Level: 600821's net debt to equity ratio (210%) is considered high.
Reducing Debt: 600821's debt to equity ratio has reduced from 458% to 223.1% over the past 5 years.
Debt Coverage: 600821's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: 600821's interest payments on its debt are not well covered by EBIT (2.6x coverage).