NYOCOR Balance Sheet Health
Financial Health criteria checks 2/6
NYOCOR has a total shareholder equity of CN¥9.5B and total debt of CN¥20.9B, which brings its debt-to-equity ratio to 219.8%. Its total assets and total liabilities are CN¥33.6B and CN¥24.1B respectively. NYOCOR's EBIT is CN¥1.6B making its interest coverage ratio 2.6. It has cash and short-term investments of CN¥503.0M.
Key information
219.8%
Debt to equity ratio
CN¥20.86b
Debt
Interest coverage ratio | 2.6x |
Cash | CN¥503.01m |
Equity | CN¥9.49b |
Total liabilities | CN¥24.11b |
Total assets | CN¥33.60b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 600821's short term assets (CN¥7.5B) exceed its short term liabilities (CN¥4.7B).
Long Term Liabilities: 600821's short term assets (CN¥7.5B) do not cover its long term liabilities (CN¥19.4B).
Debt to Equity History and Analysis
Debt Level: 600821's net debt to equity ratio (214.5%) is considered high.
Reducing Debt: 600821's debt to equity ratio has reduced from 320.4% to 219.8% over the past 5 years.
Debt Coverage: 600821's debt is not well covered by operating cash flow (9.8%).
Interest Coverage: 600821's interest payments on its debt are not well covered by EBIT (2.6x coverage).